8802 45th Pl UNIT 7BrookfieldIL60513
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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 Brookfield at 8802 45th Pl UNIT 7, Brookfield, IL, 60513 uses $51,383 cash to close to unlock $1,698/yr annual cash flow and $142/mo monthly cash flow. Total monthly income runs $1,217/mo, and a $759/mo payment keeps the spread at $142/mo. Purchase price stands at $155,000, and rental yield measures 9.42% with $1,217/mo rent. Return on cash invested shows 23.21% in year one, and 5% annual appreciation builds toward $42,824 over five years. Five-year ROI reaches 121.61% and total cumulative return in cash records $62,488. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,217/mo property income covering a $759/mo payment rather than investor’s personal income.
Condo
Built in 1973
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60513, Brookfield, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,664 (100%) |
| Owner Occupied HU | 5,571 (72.7%) |
| Renter Occupied HU | 1,648 (21.5%) |
| Vacant Housing Units | 445 ( 5.8%) |
| Median Home Value | $337,185 |
| Average Home Value | $357,174 |
Housing Distribution
Address Breakdown
Residential
7,440
Single Family
6,348
Multi-Family
1,092
Businesses
441
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Listed by: Dawn Salerno • Century 21 Gust Realty
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12487607