407 W North AveElmhurstIL60126
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Elmhurst at 407 W North Ave, Elmhurst, IL, 60126 generates $2,773/mo in rent, after a $1,958/mo payment. Total monthly income is $2,773/mo. Return on cash invested sits at 19.89% in year one, and rental yield is 8.32% on a $399,999 entry. Equity gained on principal adds $2,581/yr, while 5% annual appreciation builds toward $110,512 over five years. Five-year ROI reaches 103.76% and total cumulative return in cash sums $137,583. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,773/mo property income rather than buyer’s personal income.
Single Family
Built in 1951
7,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60126, Elmhurst, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,498 (100%) |
| Owner Occupied HU | 13,608 (73.6%) |
| Renter Occupied HU | 3,686 (19.9%) |
| Vacant Housing Units | 1,204 ( 6.5%) |
| Median Home Value | $585,688 |
| Average Home Value | $651,050 |
Housing Distribution
Address Breakdown
Residential
17,771
Single Family
14,156
Multi-Family
3,615
Businesses
1,789
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