409 N Iowa AveVilla ParkIL60181
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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 Villa Park at 409 N Iowa Ave, Villa Park, IL, 60181 generates $1,150/mo in rent and, after a $734/mo payment, leaves $110/mo in cash flow. Total monthly income is $1,150/mo, and annual cash flow is $1,319/yr on $49,692 invested. Return on cash invested sits at 22.56% in year one, and rental yield is 9.21% on a $149,900 entry. Equity gained on principal adds $967/yr, while 5% annual appreciation builds toward $41,415 over five years. Five-year ROI reaches 118.06% and total cumulative return in cash sums $58,667. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,150/mo property income rather than buyer’s personal income.
Single Family
Built in 1959
9,893 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60181, Villa Park, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,742 (100%) |
| Owner Occupied HU | 8,174 (64.2%) |
| Renter Occupied HU | 3,702 (29.1%) |
| Vacant Housing Units | 866 ( 6.8%) |
| Median Home Value | $315,340 |
| Average Home Value | $341,741 |
Housing Distribution
Address Breakdown
Residential
11,262
Single Family
8,834
Multi-Family
2,428
Businesses
1,778
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Listed by: Stephen Zidek • Grandview Realty LLC
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12529394