8822 Brookfield Ave UNIT 403BrookfieldIL60513
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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 Brookfield at 8822 Brookfield Ave UNIT 403, Brookfield, IL, 60513 generates $2,587/mo in rent and, after a $1,444/mo payment, leaves $541/mo in cash flow. Total monthly income is $2,587/mo, and annual cash flow is $6,488/yr on $97,793 invested. Return on cash invested sits at 26.54% in year one, and rental yield is 10.52% on a $295,000 entry. Equity gained on principal adds $1,904/yr, while 5% annual appreciation builds toward $81,503 over five years. Five-year ROI reaches 139.41% and total cumulative return in cash sums $136,334. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,587/mo property income rather than buyer’s personal income.
Condo
Built in 2004
0.41 Acres 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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