551 Carlysle Dr APT 2Clarendon 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 551 Carlysle Dr APT 2, Clarendon Hills, IL, 60514 offers a 9.1% rental yield on a $199,999 purchase with $1,517/mo rent. Total monthly income registers $1,517/mo, and a $979/mo payment leaves $130/mo available for distribution. Annual cash flow reaches $1,556/yr on $66,300 to close, and return on cash invested stands at 22.26% in year one. Equity gained on principal adds $1,291/yr while 5% annual appreciation supports $55,256 over five years. Portfolio math shows five-year ROI at 116.43% and total cumulative return in cash at $77,192. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,517/mo property income against a $979/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1965
N/A lot
$N/A/sqft
No 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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Listed by: John Lozier • Jameson Sotheby's International Realty
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12510097