701 Forum Sq UNIT 602GlenviewIL60025
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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 Glenview at 701 Forum Sq UNIT 602, Glenview, IL, 60025 earns $449/mo cash flow from $2,825/mo rent with a $1,388/mo payment. Total monthly income totals $2,825/mo, and annual cash flow totals $5,388/yr on $94,013 capital. ROI tracks 25.64% on current figures, and rental yield reads 11.95% at a $283,600 purchase. Equity gained on principal adds $1,830/yr, and 5% annual appreciation supports $78,353 over five years. Five-year ROI reaches 136.43% and total cumulative return in cash sums $128,267. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,825/mo property income instead of your personal income.
Condo
Built in 1979
0.56 Acres lot
$N/A/sqft
$409 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60025, Glenview, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,148 (100%) |
| Owner Occupied HU | 12,199 (75.5%) |
| Renter Occupied HU | 3,031 (18.8%) |
| Vacant Housing Units | 918 ( 5.7%) |
| Median Home Value | $536,596 |
| Average Home Value | $619,111 |
Housing Distribution
Address Breakdown
Residential
16,076
Single Family
11,813
Multi-Family
4,263
Businesses
1,495
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