7990 Garfield Ave APT 14-3Burr RidgeIL60527
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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 Burr Ridge at 7990 Garfield Ave APT 14-3, Burr Ridge, IL, 60527 offers a 12% rental yield on a $340,000 purchase with $3,401/mo rent. Total monthly income registers $3,401/mo, and a $1,664/mo payment leaves $1,043/mo available for distribution. Annual cash flow reaches $12,514/yr on $112,710 to close, and return on cash invested stands at 31.01% in year one. Equity gained on principal adds $2,194/yr while 5% annual appreciation supports $93,936 over five years. Portfolio math shows five-year ROI at 163.36% and total cumulative return in cash at $184,122. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,401/mo property income against a $1,664/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1972
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60527, Willowbrook, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,885 (100%) |
| Owner Occupied HU | 9,054 (70.3%) |
| Renter Occupied HU | 2,992 (23.2%) |
| Vacant Housing Units | 839 ( 6.5%) |
| Median Home Value | $536,048 |
| Average Home Value | $626,569 |
Housing Distribution
Address Breakdown
Residential
12,354
Single Family
7,316
Multi-Family
5,038
Businesses
1,182
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Listed by: Irena Zecevic • Compass
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12526068