7 Exchange BlvdGlendale HeightsIL60139
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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
Rental property for sale in Glendale Heights at 7 Exchange Blvd, Glendale Heights, IL, 60139 priced at $525,000 converts $4,768/mo rent into $1,126/mo cash flow after a $2,570/mo obligation. Total monthly income equals $4,768/mo, and annual cash flow totals $13,513/yr on $172,725 invested. Return on cash invested prints 27.88% in year one, and rental yield reads 10.9% against a $525,000 entry. Equity gained on principal adds $3,388/yr, while 5% annual appreciation compiles into $145,048 by year five. Five-year ROI reaches 146.58% and total cumulative return in cash sums $253,185. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,768/mo property income covering a $2,570/mo payment, not borrower’s personal income.
Single Family
Built in 1994
9,530 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60139, Glendale Heights, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,833 (100%) |
| Owner Occupied HU | 7,394 (62.5%) |
| Renter Occupied HU | 3,799 (32.1%) |
| Vacant Housing Units | 640 ( 5.4%) |
| Median Home Value | $268,330 |
| Average Home Value | $288,664 |
Housing Distribution
Address Breakdown
Residential
11,304
Single Family
7,755
Multi-Family
3,549
Businesses
665
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Listed by: Harris Ali • Sky High Real Estate Inc.
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12532287