53 N Main StGlen 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 53 N Main St, Glen Ellyn, IL, 60137 uses $177,627 cash to close to unlock $18,416/yr annual cash flow and $1,535/mo monthly cash flow. Total monthly income runs $5,280/mo, and a $2,643/mo payment keeps the spread at $1,535/mo. Purchase price stands at $539,900, and rental yield measures 11.74% with $5,280/mo rent. Return on cash invested shows 30.43% in year one, and 5% annual appreciation builds toward $149,164 over five years. Five-year ROI reaches 160.21% and total cumulative return in cash records $284,575. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,280/mo property income covering a $2,643/mo payment rather than investor’s personal income.
Single Family
Built in 1962
0.28 Acres 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: Michelle Rushing, CSC • Berkshire Hathaway HomeServices Starck Real Estate
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12452850