6901 Church St, Morton Grove, IL, 60053 | $20/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Morton Grove at 6901 Church St, Morton Grove, IL, 60053 offers a 8.37% rental yield on a $481,500 purchase with $3,360/mo rent. Total monthly income registers $3,360/mo, and a $2,357/mo payment leaves $20/mo available for distribution. Annual cash flow reaches $239/yr on $159,617 to close, and return on cash invested stands at 20.06% in year one. Equity gained on principal adds $3,107/yr while 5% annual appreciation supports $133,030 over five years. Portfolio math shows five-year ROI at 104.62% and total cumulative return in cash at $166,988. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,360/mo property income against a $2,357/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1941

4,760 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 60053, Morton Grove, IL area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	9,084 (100%)
Owner Occupied HU	7,664 (84.4%)
Renter Occupied HU	1,089 (12.0%)
Vacant Housing Units	331 ( 3.6%)
Median Home Value	$382,199
Average Home Value	$415,148