582 Partridge DrWest ChicagoIL60185
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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
Rental property for sale in West Chicago at 582 Partridge Dr, West Chicago, IL, 60185 priced at $539,900 converts $3,942/mo rent into $197/mo cash flow after a $2,643/mo obligation. Total monthly income equals $3,942/mo, and annual cash flow totals $2,360/yr on $177,627 invested. Return on cash invested prints 21.39% in year one, and rental yield reads 8.76% against a $539,900 entry. Equity gained on principal adds $3,484/yr, while 5% annual appreciation compiles into $149,164 by year five. Five-year ROI reaches 111.74% and total cumulative return in cash sums $198,487. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,942/mo property income covering a $2,643/mo payment, not borrower’s personal income.
Single Family
Built in 1992
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60185, West Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,468 (100%) |
| Owner Occupied HU | 8,127 (70.9%) |
| Renter Occupied HU | 2,617 (22.8%) |
| Vacant Housing Units | 724 ( 6.3%) |
| Median Home Value | $342,660 |
| Average Home Value | $378,860 |
Housing Distribution
Address Breakdown
Residential
10,918
Single Family
9,068
Multi-Family
1,850
Businesses
1,005
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Listed by: Cindy Banks • RE/MAX Cornerstone
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12477866