550 Chase Dr APT 6Clarendon HillsIL60514
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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 Clarendon Hills at 550 Chase Dr APT 6, Clarendon Hills, IL, 60514 earns from $1,161/mo rent with a $710/mo payment. Total monthly income totals $1,161/mo. ROI tracks 15.26% on current figures, and rental yield reads 9.61% at a $145,000 purchase. Equity gained on principal adds $936/yr, and 5% annual appreciation supports $40,061 over five years. Five-year ROI reaches 82% and total cumulative return in cash sums $39,416. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,161/mo property income instead of your personal income.
Condo
Built in 1965
11.35 Acres lot
$N/A/sqft
$341 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60514, Clarendon Hills, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,114 (100%) |
| Owner Occupied HU | 2,920 (71.0%) |
| Renter Occupied HU | 889 (21.6%) |
| Vacant Housing Units | 305 ( 7.4%) |
| Median Home Value | $634,775 |
| Average Home Value | $757,087 |
Housing Distribution
Address Breakdown
Residential
3,927
Single Family
3,015
Multi-Family
912
Businesses
232
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