7070 Newport Dr APT 203WoodridgeIL60517
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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 Woodridge at 7070 Newport Dr APT 203, Woodridge, IL, 60517 listed at $250,000 pairs $2,268/mo rent with a $1,224/mo payment to leave $534/mo cash flow. Total monthly income runs $2,268/mo, and annual cash flow reaches $6,403/yr on $82,875 cash to close. Return on cash invested measures 27.64% in year one, and rental yield registers 10.89% at a $250,000 basis. Equity gained on principal adds $1,613/yr, and annual property appreciation at 5% supports $69,070 by year five. Five-year ROI tracks 145.29% and total cumulative return in cash totals $120,406. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,268/mo property income relative to a $1,224/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1979
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60517, Woodridge, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,533 (100%) |
| Owner Occupied HU | 8,718 (64.4%) |
| Renter Occupied HU | 4,257 (31.5%) |
| Vacant Housing Units | 558 ( 4.1%) |
| Median Home Value | $362,594 |
| Average Home Value | $399,063 |
Housing Distribution
Address Breakdown
Residential
13,541
Single Family
8,263
Multi-Family
5,278
Businesses
850
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