723 Balmoral AveWestchesterIL60154
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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 Westchester at 723 Balmoral Ave, Westchester, IL, 60154 with 5% annual appreciation on a $365,000 basis while $3,428/mo rent supports operations. Total monthly income totals $3,428/mo and a $1,786/mo payment preserves $897/mo for cash returns. Annual cash flow comes to $10,761/yr on $120,998 deployed, and return on cash invested reaches 28.8% in year one. Equity gained on principal adds $2,355/yr, and five-year appreciation sums $100,843 alongside rental yield of 11.27%. Five-year ROI measures 151.52% and total cumulative return in cash totals $183,331.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,428/mo property income versus a $1,786/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1948
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60154, Westchester, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,962 (100%) |
| Owner Occupied HU | 5,832 (83.8%) |
| Renter Occupied HU | 794 (11.4%) |
| Vacant Housing Units | 336 ( 4.8%) |
| Median Home Value | $310,555 |
| Average Home Value | $319,819 |
Housing Distribution
Address Breakdown
Residential
7,052
Single Family
6,845
Multi-Family
207
Businesses
669
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Listed by: Brandon Banks • Coldwell Banker Realty
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12477255