479 James Ct UNIT DGlendale HeightsIL60139
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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
Rental property for sale in Glendale Heights at 479 James Ct UNIT D, Glendale Heights, IL, 60139 offers $2,118/mo rent that, after a $1,077/mo payment, leaves $592/mo cash flow. Total monthly income is $2,118/mo, and annual cash flow is $7,102/yr on $72,930 cash. Return on cash invested measures 29.65% in year one, and rental yield stands at 11.55% at a $220,000 entry. Equity gained on principal adds $1,420/yr while 5% annual appreciation compounds into $60,782 by year five. Five-year ROI records 156.03% and total cumulative return in cash reaches $113,795. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,118/mo property income versus a $1,077/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1972
N/A 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 |
Housing Distribution
Address Breakdown
Residential
11,304
Single Family
7,755
Multi-Family
3,549
Businesses
665
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Listed by: Julio E Lopez • Century 21 TK Realty
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12534742