478 Raintree Ct UNIT 2BGlen EllynIL60137
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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 Glen Ellyn at 478 Raintree Ct UNIT 2B, Glen Ellyn, IL, 60137 uses $77,240 cash to close to unlock $4,563/yr annual cash flow and $380/mo monthly cash flow. Total monthly income runs $1,996/mo, and a $1,140/mo payment keeps the spread at $380/mo. Purchase price stands at $233,000, and rental yield measures 10.28% with $1,996/mo rent. Return on cash invested shows 25.82% in year one, and 5% annual appreciation builds toward $64,374 over five years. Five-year ROI reaches 135.54% and total cumulative return in cash records $104,689. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,996/mo property income covering a $1,140/mo payment rather than investor’s personal income.
Condo
Built in 1969
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60137, Glen Ellyn, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,353 (100%) |
| Owner Occupied HU | 11,582 (75.4%) |
| Renter Occupied HU | 3,130 (20.4%) |
| Vacant Housing Units | 641 ( 4.2%) |
| Median Home Value | $534,216 |
| Average Home Value | $589,128 |
Housing Distribution
Address Breakdown
Residential
14,840
Single Family
11,430
Multi-Family
3,410
Businesses
896
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Listed by: Todd McConkey • Fathom Realty IL LLC
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12508430