593 Prairie AveGlen EllynIL60137
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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 Glen Ellyn at 593 Prairie Ave, Glen Ellyn, IL, 60137 priced at $515,000 pairs $4,477/mo rent with $905/mo cash flow after a $2,521/mo payment. Total monthly income equals $4,477/mo, and annual cash flow comes to $10,854/yr on $169,435 invested. Return on cash invested is 26.47% in year one, and rental yield stands at 10.43% on a $515,000 basis. Equity gained on principal adds $3,323/yr, and 5% annual appreciation accumulates to $142,285 by year five. Five-year ROI measures 138.97% and total cumulative return in cash reaches $235,465. For financing, Ziffy Mortgage’s DSCR program evaluates $4,477/mo property income against a $2,521/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1920
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60137, Glen Ellyn, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,353 (100%) |
| Owner Occupied HU | 11,582 (75.4%) |
| Renter Occupied HU | 3,130 (20.4%) |
| Vacant Housing Units | 641 ( 4.2%) |
| Median Home Value | $534,216 |
| Average Home Value | $589,128 |
Housing Distribution
Address Breakdown
Residential
14,840
Single Family
11,430
Multi-Family
3,410
Businesses
896
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Listed by: Brandon Blankenship • Keller Williams Premiere Properties
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12431646