421 E Altgeld Ave, Glendale Heights, IL, 60139 | $626/mo Cash Flow

For Sale

Fix & Flip

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Glendale Heights at 421 E Altgeld Ave, Glendale Heights, IL, 60139 with 5% annual appreciation on a $350,000 basis while $3,054/mo rent supports operations. Total monthly income totals $3,054/mo and a $1,713/mo payment preserves $626/mo for cash returns. Annual cash flow comes to $7,517/yr on $116,025 deployed, and return on cash invested reaches 26.39% in year one. Equity gained on principal adds $2,258/yr, and five-year appreciation sums $96,699 alongside rental yield of 10.47%. Five-year ROI measures 138.59% and total cumulative return in cash totals $160,802.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,054/mo property income versus a $1,713/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1966

6,969 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 60139, Glendale Heights, IL area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	11,833 (100%)
Owner Occupied HU	7,394 (62.5%)
Renter Occupied HU	3,799 (32.1%)
Vacant Housing Units	640 ( 5.4%)
Median Home Value	$268,330
Average Home Value	$288,664