6719 W Applewood LnSpring GroveIL60081
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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
Investment property for sale in Spring Grove at 6719 W Applewood Ln, Spring Grove, IL, 60081 earns from $2,490/mo rent with a $2,567/mo payment. Total monthly income totals $2,490/mo. ROI tracks 12.08% on current figures, and rental yield reads 5.7% at a $524,500 purchase. Equity gained on principal adds $3,385/yr, and 5% annual appreciation supports $144,910 over five years. Five-year ROI reaches 61.82% and total cumulative return in cash sums $106,676. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,490/mo property income instead of your personal income.
Single Family
Built in 1991
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60081, Spring Grove, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,737 (100%) |
| Owner Occupied HU | 3,145 (84.2%) |
| Renter Occupied HU | 349 ( 9.3%) |
| Vacant Housing Units | 243 ( 6.5%) |
| Median Home Value | $353,066 |
| Average Home Value | $372,399 |
Housing Distribution
Address Breakdown
Residential
3,586
Single Family
3,586
Multi-Family
0
Businesses
307
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Listed by: Connie Hoos • Coldwell Banker Realty
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12423572