733 Elmwood Ln APT C2WheelingIL60090
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Nearby investment properties with comparable prices
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 Wheeling at 733 Elmwood Ln APT C2, Wheeling, IL, 60090 earns $8/mo cash flow from $2,013/mo rent with a $1,175/mo payment. Total monthly income totals $2,013/mo, and annual cash flow totals $96/yr on $79,560 capital. ROI tracks 20.03% on current figures, and rental yield reads 10.06% at a $240,000 purchase. Equity gained on principal adds $1,549/yr, and 5% annual appreciation supports $66,308 over five years. Five-year ROI reaches 106.31% and total cumulative return in cash sums $84,578. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,013/mo property income instead of your personal income.
Condo
Built in 1979
N/A lot
$N/A/sqft
$340 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60090, Wheeling, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,164 (100%) |
| Owner Occupied HU | 9,174 (56.8%) |
| Renter Occupied HU | 6,001 (37.1%) |
| Vacant Housing Units | 989 ( 6.1%) |
| Median Home Value | $302,424 |
| Average Home Value | $327,697 |
Housing Distribution
Address Breakdown
Residential
15,729
Single Family
8,063
Multi-Family
7,666
Businesses
1,380
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Listed by: Agata Kogut • Chicagoland Brokers, Inc.
Mls Name: MRED as distributed by MLS GRID
Mls Provider:
Mls ID: #12436893
Disclaimer: Based on information submitted to the MLS GRID as of 2025. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#17)