833 E Sterling AveWest ChicagoIL60185
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 West Chicago at 833 E Sterling Ave, West Chicago, IL, 60185 priced at $539,900 pairs $4,402/mo rent with $657/mo cash flow after a $2,643/mo payment. Total monthly income equals $4,402/mo, and annual cash flow comes to $7,880/yr on $177,627 invested. Return on cash invested is 24.5% in year one, and rental yield stands at 9.78% on a $539,900 basis. Equity gained on principal adds $3,484/yr, and 5% annual appreciation accumulates to $149,164 by year five. Five-year ROI measures 128.4% and total cumulative return in cash reaches $228,079. For financing, Ziffy Mortgage’s DSCR program evaluates $4,402/mo property income against a $2,643/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2002
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60185, West Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,468 (100%) |
| Owner Occupied HU | 8,127 (70.9%) |
| Renter Occupied HU | 2,617 (22.8%) |
| Vacant Housing Units | 724 ( 6.3%) |
| Median Home Value | $342,660 |
| Average Home Value | $378,860 |
Housing Distribution
Address Breakdown
Residential
10,918
Single Family
9,068
Multi-Family
1,850
Businesses
1,005
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cindy Banks • RE/MAX Cornerstone
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12540565