8090 Garfield Ave APT 3-1Burr 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 8090 Garfield Ave APT 3-1, Burr Ridge, IL, 60527 offers a 10.63% rental yield on a $305,000 purchase with $2,701/mo rent. Total monthly income registers $2,701/mo, and a $1,493/mo payment leaves $585/mo available for distribution. Annual cash flow reaches $7,023/yr on $101,108 to close, and return on cash invested stands at 26.86% in year one. Equity gained on principal adds $1,968/yr while 5% annual appreciation supports $84,266 over five years. Portfolio math shows five-year ROI at 141.1% and total cumulative return in cash at $142,666. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,701/mo property income against a $1,493/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: Victoria Niemczura • eXp Realty
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12452865