693 Greenwood AveGlencoeIL60022
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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 693 Greenwood Ave, Glencoe, IL, 60022 with 5% annual appreciation on a $1,999,000 basis while $6,600/mo rent supports operations. 91% in year one. Equity gained on principal adds $12,899/yr, and five-year appreciation sums $552,287 alongside rental yield of 3.96%. Five-year ROI measures 34.03% and total cumulative return in cash totals $220,421. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $6,600/mo property income versus a $9,784/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1899
0.34 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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