518 Elder LnGlenviewIL60025
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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 Glenview at 518 Elder Ln, Glenview, IL, 60025 priced at $340,000 pairs $2,272/mo rent with after a $1,664/mo payment. Total monthly income equals $2,272/mo. Return on cash invested is 18.99% in year one, and rental yield stands at 8.02% on a $340,000 basis. Equity gained on principal adds $2,194/yr, and 5% annual appreciation accumulates to $93,936 by year five. Five-year ROI measures 98.9% and total cumulative return in cash reaches $111,474. For financing, Ziffy Mortgage’s DSCR program evaluates $2,272/mo property income against a $1,664/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1959
7,560 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60025, Glenview, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,148 (100%) |
| Owner Occupied HU | 12,199 (75.5%) |
| Renter Occupied HU | 3,031 (18.8%) |
| Vacant Housing Units | 918 ( 5.7%) |
| Median Home Value | $536,596 |
| Average Home Value | $619,111 |
Housing Distribution
Address Breakdown
Residential
16,076
Single Family
11,813
Multi-Family
4,263
Businesses
1,495
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