816 Eagle Creek RdElwoodIL60421
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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
Rental property for sale in Elwood at 816 Eagle Creek Rd, Elwood, IL, 60421 generates $1,920/mo in rent, after a $1,419/mo payment. Total monthly income is $1,920/mo. Return on cash invested sits at 18.77% in year one, and rental yield is 7.95% on a $289,900 entry. Equity gained on principal adds $1,871/yr, while 5% annual appreciation builds toward $80,094 over five years. Five-year ROI reaches 97.78% and total cumulative return in cash sums $93,969. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,920/mo property income rather than buyer’s personal income.
Townhouse
Built in 2001
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60421, Elwood, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,611 (100%) |
| Owner Occupied HU | 1,400 (86.9%) |
| Renter Occupied HU | 164 (10.2%) |
| Vacant Housing Units | 47 ( 2.9%) |
| Median Home Value | $287,189 |
| Average Home Value | $336,330 |
Housing Distribution
Address Breakdown
Residential
1,426
Single Family
1,426
Multi-Family
0
Businesses
87
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