439 Morris AveBellwoodIL60104
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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 Bellwood at 439 Morris Ave, Bellwood, IL, 60104 uses $109,296 cash to close to unlock $5,674/yr annual cash flow and $473/mo monthly cash flow. Total monthly income runs $2,760/mo, and a $1,614/mo payment keeps the spread at $473/mo. Purchase price stands at $329,700, and rental yield measures 10.05% with $2,760/mo rent. Return on cash invested shows 25.1% in year one, and 5% annual appreciation builds toward $91,090 over five years. Five-year ROI reaches 131.67% and total cumulative return in cash records $143,904. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,760/mo property income covering a $1,614/mo payment rather than investor’s personal income.
Single Family
Built in 1948
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60104, Bellwood, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,744 (100%) |
| Owner Occupied HU | 4,579 (67.9%) |
| Renter Occupied HU | 1,753 (26.0%) |
| Vacant Housing Units | 412 ( 6.1%) |
| Median Home Value | $232,014 |
| Average Home Value | $263,671 |
Housing Distribution
Address Breakdown
Residential
6,362
Single Family
5,486
Multi-Family
876
Businesses
326
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