700 Wellington Ave UNIT 110, Elk Grove Village, IL, 60007 | $53/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 Elk Grove Village at 700 Wellington Ave UNIT 110, Elk Grove Village, IL, 60007 listed at $219,900 pairs $1,578/mo rent with a $1,076/mo payment to leave $53/mo cash flow. Total monthly income runs $1,578/mo, and annual cash flow reaches $636/yr on $72,897 cash to close. Return on cash invested measures 20.78% in year one, and rental yield registers 8.61% at a $219,900 basis. Equity gained on principal adds $1,419/yr, and annual property appreciation at 5% supports $60,754 by year five. Five-year ROI tracks 108.57% and total cumulative return in cash totals $79,144. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,578/mo property income relative to a $1,076/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 1976

N/A lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 60007, Elk Grove Village, IL area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	14,114 (100%)
Owner Occupied HU	10,272 (72.8%)
Renter Occupied HU	3,299 (23.4%)
Vacant Housing Units	543 ( 3.8%)
Median Home Value	$341,414
Average Home Value	$362,357