7916 Glenwood DrRoscoeIL61073
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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 Roscoe at 7916 Glenwood Dr, Roscoe, IL, 61073 with 5% annual appreciation on a $580,000 basis while $2,885/mo rent supports operations. 16% in year one. Equity gained on principal adds $3,743/yr, and five-year appreciation sums $160,243 alongside rental yield of 5.97%. Five-year ROI measures 62.55% and total cumulative return in cash totals $119,349. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,885/mo property income versus a $2,839/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2021
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61073, Roscoe, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,120 (100%) |
| Owner Occupied HU | 6,539 (80.5%) |
| Renter Occupied HU | 1,250 (15.4%) |
| Vacant Housing Units | 331 ( 4.1%) |
| Median Home Value | $241,380 |
| Average Home Value | $277,513 |
Housing Distribution
Address Breakdown
Residential
7,741
Single Family
7,646
Multi-Family
95
Businesses
477
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Listed by: Douglas Page • Re/Max Property Source
Mls Name: NorthWest Illinois Alliance of REALTORS
Mls Provider:
Mls ID: #202403220
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.