710 Strawberry Hill DrGlencoeIL60022
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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 Glencoe at 710 Strawberry Hill Dr, Glencoe, IL, 60022 offers $4,200/mo rent that, after a $4,792/mo payment. Total monthly income is $4,200/mo. Return on cash invested measures 10.41% in year one, and rental yield stands at 5.15% at a $979,000 entry. Equity gained on principal adds $6,317/yr while 5% annual appreciation compounds into $270,480 by year five. Five-year ROI records 52.86% and total cumulative return in cash reaches $170,242. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,200/mo property income versus a $4,792/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1957
0.28 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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