8473 Archer Ave APT 204Willow SpringsIL60480
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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 Willow Springs at 8473 Archer Ave APT 204, Willow Springs, IL, 60480 offers a 13.96% rental yield on a $202,400 purchase with $2,354/mo rent. Total monthly income registers $2,354/mo, and a $991/mo payment leaves $785/mo available for distribution. Annual cash flow reaches $9,417/yr on $67,096 to close, and return on cash invested stands at 33.94% in year one. Equity gained on principal adds $1,306/yr while 5% annual appreciation supports $55,919 over five years. Portfolio math shows five-year ROI at 180.16% and total cumulative return in cash at $120,881. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,354/mo property income against a $991/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1974
0.60 Acres lot
$N/A/sqft
$165 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60480, Willow Springs, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,337 (100%) |
| Owner Occupied HU | 1,991 (85.2%) |
| Renter Occupied HU | 224 ( 9.6%) |
| Vacant Housing Units | 122 ( 5.2%) |
| Median Home Value | $383,333 |
| Average Home Value | $500,295 |
Housing Distribution
Address Breakdown
Residential
2,322
Single Family
1,985
Multi-Family
337
Businesses
206
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