524 Eastern AveBellwoodIL60104
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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 Bellwood at 524 Eastern Ave, Bellwood, IL, 60104 priced at $250,000 pairs $1,733/mo rent with after a $1,224/mo payment. Total monthly income equals $1,733/mo. Return on cash invested is 19.89% in year one, and rental yield stands at 8.32% on a $250,000 basis. Equity gained on principal adds $1,613/yr, and 5% annual appreciation accumulates to $69,070 by year five. Five-year ROI measures 103.73% and total cumulative return in cash reaches $85,966. For financing, Ziffy Mortgage’s DSCR program evaluates $1,733/mo property income against a $1,224/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1958
4,300 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60104, Bellwood, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,744 (100%) |
| Owner Occupied HU | 4,579 (67.9%) |
| Renter Occupied HU | 1,753 (26.0%) |
| Vacant Housing Units | 412 ( 6.1%) |
| Median Home Value | $232,014 |
| Average Home Value | $263,671 |
Housing Distribution
Address Breakdown
Residential
6,362
Single Family
5,486
Multi-Family
876
Businesses
326
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