597 Lowden 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 597 Lowden Ave, Glen Ellyn, IL, 60137 priced at $399,500 converts $3,720/mo rent into $949/mo cash flow after a $1,955/mo obligation. Total monthly income equals $3,720/mo, and annual cash flow totals $11,392/yr on $132,434 invested. Return on cash invested prints 28.51% in year one, and rental yield reads 11.17% against a $399,500 entry. Equity gained on principal adds $2,578/yr, while 5% annual appreciation compiles into $110,374 by year five. Five-year ROI reaches 149.96% and total cumulative return in cash sums $198,603. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,720/mo property income covering a $1,955/mo payment, not borrower’s personal income.
Single Family
Built in 1964
8,635 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: Allan McLeod-Smith • Smith and Jones Realty, LLC
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12464697