505 N Kenilworth Ave #4Glen 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 505 N Kenilworth Ave #4, Glen Ellyn, IL, 60137 offers a 11.98% rental yield on a $199,900 purchase with $1,996/mo rent. Total monthly income registers $1,996/mo, and a $978/mo payment leaves $610/mo available for distribution. Annual cash flow reaches $7,318/yr on $66,267 to close, and return on cash invested stands at 30.95% in year one. Equity gained on principal adds $1,290/yr while 5% annual appreciation supports $55,229 over five years. Portfolio math shows five-year ROI at 163.03% and total cumulative return in cash at $108,037. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,996/mo property income against a $978/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1967
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: Denis Horgan • Redfin Corporation
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12516687