441 Elm St APT 3ADeerfieldIL60015
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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 Deerfield at 441 Elm St APT 3A, Deerfield, IL, 60015 offers a 8.63% rental yield on a $264,900 purchase with $1,905/mo rent. Total monthly income registers $1,905/mo, and a $1,297/mo payment leaves $67/mo available for distribution. Annual cash flow reaches $806/yr on $87,814 to close, and return on cash invested stands at 20.83% in year one. Equity gained on principal adds $1,709/yr while 5% annual appreciation supports $73,187 over five years. Portfolio math shows five-year ROI at 108.8% and total cumulative return in cash at $95,540. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,905/mo property income against a $1,297/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1974
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60015, Deerfield, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,325 (100%) |
| Owner Occupied HU | 8,330 (80.7%) |
| Renter Occupied HU | 1,545 (15.0%) |
| Vacant Housing Units | 450 ( 4.4%) |
| Median Home Value | $617,589 |
| Average Home Value | $693,674 |
Housing Distribution
Address Breakdown
Residential
10,430
Single Family
9,027
Multi-Family
1,403
Businesses
1,195
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