5316 Fairview AveDowners GroveIL60515
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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 Downers Grove at 5316 Fairview Ave, Downers Grove, IL, 60515 earns $1,193/mo cash flow from $4,786/mo rent with a $2,535/mo payment. Total monthly income totals $4,786/mo, and annual cash flow totals $14,321/yr on $170,422 capital. ROI tracks 28.46% on current figures, and rental yield reads 11.09% at a $518,000 purchase. Equity gained on principal adds $3,343/yr, and 5% annual appreciation supports $143,114 over five years. Five-year ROI reaches 149.68% and total cumulative return in cash sums $255,091. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,786/mo property income instead of your personal income.
Single Family
Built in 1914
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60515, Downers Grove, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,633 (100%) |
| Owner Occupied HU | 9,103 (72.1%) |
| Renter Occupied HU | 2,885 (22.8%) |
| Vacant Housing Units | 645 ( 5.1%) |
| Median Home Value | $518,927 |
| Average Home Value | $573,113 |
Housing Distribution
Address Breakdown
Residential
12,238
Single Family
8,757
Multi-Family
3,481
Businesses
1,888
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Listed by: Donna Glazer • Keller Williams Experience
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12403549