687 Birch RdGlencoeIL60022
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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
Investment property for sale in Glencoe at 687 Birch Rd, Glencoe, IL, 60022 with 5% annual appreciation on a $1,365,900 basis while $9,640/mo rent supports operations. Total monthly income totals $9,640/mo and a $6,685/mo payment preserves $166/mo for cash returns. Annual cash flow comes to $1,995/yr on $442,552 deployed, and return on cash invested reaches 20.82% in year one. Equity gained on principal adds $8,814/yr, and five-year appreciation sums $377,373 alongside rental yield of 8.47%. Five-year ROI measures 108.64% and total cumulative return in cash totals $480,785.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $9,640/mo property income versus a $6,685/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1961
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60022, Glencoe, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,025 (100%) |
| Owner Occupied HU | 2,637 (87.2%) |
| Renter Occupied HU | 217 ( 7.2%) |
| Vacant Housing Units | 171 ( 5.7%) |
| Median Home Value | $1,145,833 |
| Average Home Value | $1,262,146 |
Housing Distribution
Address Breakdown
Residential
2,999
Single Family
2,843
Multi-Family
156
Businesses
262
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