416 S Park StWestmontIL60559
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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
Investment property for sale in Westmont at 416 S Park St, Westmont, IL, 60559 listed at $544,500 pairs $3,997/mo rent with a $2,665/mo payment to leave $220/mo cash flow. Total monthly income runs $3,997/mo, and annual cash flow reaches $2,644/yr on $179,141 cash to close. Return on cash invested measures 21.54% in year one, and rental yield registers 8.81% at a $544,500 basis. Equity gained on principal adds $3,514/yr, and annual property appreciation at 5% supports $150,435 by year five. Five-year ROI tracks 112.54% and total cumulative return in cash totals $201,611. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,997/mo property income relative to a $2,665/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1971
8,829 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60559, Westmont, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,676 (100%) |
| Owner Occupied HU | 6,529 (55.9%) |
| Renter Occupied HU | 4,489 (38.4%) |
| Vacant Housing Units | 658 ( 5.6%) |
| Median Home Value | $436,150 |
| Average Home Value | $515,152 |
Housing Distribution
Address Breakdown
Residential
10,423
Single Family
6,542
Multi-Family
3,881
Businesses
1,192
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