8003 Belmont Ave W #2River GroveIL60171
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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 River Grove at 8003 Belmont Ave W #2, River Grove, IL, 60171 listed at $679,000 pairs $7,144/mo rent with a $3,323/mo payment to leave $2,422/mo cash flow. Total monthly income runs $7,144/mo, and annual cash flow reaches $29,066/yr on $223,391 cash to close. Return on cash invested measures 33.07% in year one, and rental yield registers 12.63% at a $679,000 basis. Equity gained on principal adds $4,381/yr, and annual property appreciation at 5% supports $187,595 by year five. Five-year ROI tracks 174.42% and total cumulative return in cash totals $389,639. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $7,144/mo property income relative to a $3,323/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2024
1,500 sqft lot
$N/A/sqft
$150 annually HOA
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Nearby investment properties with comparable prices
Listed by: Renato Casali • Avenue 1 Realty Group
Mls Name: MRED as distributed by MLS GRID
Mls Provider:
Mls ID: #12051985
Disclaimer: Based on information submitted to the MLS GRID as of 2024-02-07 09:06:36 PST. 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](/info/mls-disclaimers/#mls_17)