560 E Lawrence Ave UNIT 307RoselleIL60172
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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 Roselle at 560 E Lawrence Ave UNIT 307, Roselle, IL, 60172 offers a 10.59% rental yield on a $169,900 purchase with $1,500/mo rent. Total monthly income registers $1,500/mo, and a $832/mo payment leaves $321/mo available for distribution. Annual cash flow reaches $3,853/yr on $56,322 to close, and return on cash invested stands at 26.75% in year one. Equity gained on principal adds $1,096/yr while 5% annual appreciation supports $46,940 over five years. Portfolio math shows five-year ROI at 140.58% and total cumulative return in cash at $79,178. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,500/mo property income against a $832/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1973
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60172, Roselle, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,809 (100%) |
| Owner Occupied HU | 7,549 (77.0%) |
| Renter Occupied HU | 1,954 (19.9%) |
| Vacant Housing Units | 306 ( 3.1%) |
| Median Home Value | $361,237 |
| Average Home Value | $412,711 |
Housing Distribution
Address Breakdown
Residential
9,717
Single Family
7,884
Multi-Family
1,833
Businesses
901
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