6223 S Ellis AveGlenviewIL60637
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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 Glenview at 6223 S Ellis Ave, Glenview, IL, 60637 generates $3,869/mo in rent, after a $3,712/mo payment. Total monthly income is $3,869/mo. Return on cash invested sits at 13.37% in year one, and rental yield is 6.12% on a $758,500 entry. Equity gained on principal adds $4,894/yr, while 5% annual appreciation builds toward $209,560 over five years. Five-year ROI reaches 68.73% and total cumulative return in cash sums $171,514. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,869/mo property income rather than buyer’s personal income.
Townhouse
Built in 2023
3,125 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60637, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,309 (100%) |
| Owner Occupied HU | 5,112 (19.4%) |
| Renter Occupied HU | 17,180 (65.3%) |
| Vacant Housing Units | 4,017 (15.3%) |
| Median Home Value | $339,737 |
| Average Home Value | $433,374 |
Housing Distribution
Address Breakdown
Residential
22,517
Single Family
6,790
Multi-Family
15,727
Businesses
766
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