742 Ridgeview St, Downers Grove, IL, 60516 | 6.19% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $3,869/mo, and a $3,671/mo payment. Purchase price stands at $750,000, and rental yield measures 6.19% with $3,869/mo rent. Return on cash invested shows 13.58% in year one, and 5% annual appreciation builds toward $207,211 over five years. Five-year ROI reaches 69.84% and total cumulative return in cash records $172,326. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,869/mo property income covering a $3,671/mo payment rather than investor’s personal income.

Single Family

Built in 1971

10,780 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 60516, Downers Grove, IL area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	12,143 (100%)
Owner Occupied HU	9,447 (77.8%)
Renter Occupied HU	2,199 (18.1%)
Vacant Housing Units	497 ( 4.1%)
Median Home Value	$445,381
Average Home Value	$482,842