7316 Coventry Dr SSpring GroveIL60081
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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 Spring Grove at 7316 Coventry Dr S, Spring Grove, IL, 60081 earns $82/mo cash flow from $2,406/mo rent with a $1,640/mo payment. Total monthly income totals $2,406/mo, and annual cash flow totals $984/yr on $111,053 capital. ROI tracks 20.8% on current figures, and rental yield reads 8.62% at a $335,000 purchase. Equity gained on principal adds $2,162/yr, and 5% annual appreciation supports $92,554 over five years. Five-year ROI reaches 108.62% and total cumulative return in cash sums $120,620. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,406/mo property income instead of your personal income.
Single Family
Built in 1979
0.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60081, Spring Grove, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,737 (100%) |
| Owner Occupied HU | 3,145 (84.2%) |
| Renter Occupied HU | 349 ( 9.3%) |
| Vacant Housing Units | 243 ( 6.5%) |
| Median Home Value | $353,066 |
| Average Home Value | $372,399 |
Housing Distribution
Address Breakdown
Residential
3,586
Single Family
3,586
Multi-Family
0
Businesses
307
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Listed by: Melissa Gasmann • Berkshire Hathaway HomeServices Starck Real Estate
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12438960