641 Elizabeth DrWood DaleIL60191
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Wood Dale at 641 Elizabeth Dr, Wood Dale, IL, 60191 priced at $243,900 converts $2,485/mo rent into $508/mo cash flow after a $1,194/mo obligation. Total monthly income equals $2,485/mo, and annual cash flow totals $6,096/yr on $80,853 invested. Return on cash invested prints 27.45% in year one, and rental yield reads 12.23% against a $243,900 entry. Equity gained on principal adds $1,574/yr, while 5% annual appreciation compiles into $67,385 by year five. Five-year ROI reaches 145.85% and total cumulative return in cash sums $117,927. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,485/mo property income covering a $1,194/mo payment, not borrower’s personal income.
Townhouse
Built in 1987
N/A lot
$N/A/sqft
$285 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60191, Wood Dale, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,751 (100%) |
| Owner Occupied HU | 4,478 (77.9%) |
| Renter Occupied HU | 1,064 (18.5%) |
| Vacant Housing Units | 209 ( 3.6%) |
| Median Home Value | $344,758 |
| Average Home Value | $366,061 |
Housing Distribution
Address Breakdown
Residential
5,574
Single Family
4,264
Multi-Family
1,310
Businesses
795
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Nearby investment properties with comparable prices
Listed by: Henri Vasquez • House Select Realty, Inc.
Mls Name: MRED as distributed by MLS GRID
Mls Provider:
Mls ID: #12187776
Disclaimer: Based on information submitted to the MLS GRID as of 2024-02-07 09:06:36 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/info/mls-disclaimers/#mls_17)