8996 Archer Ave APT 2DWillow 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 8996 Archer Ave APT 2D, Willow Springs, IL, 60480 earns $51/mo cash flow from $1,499/mo rent with a $1,022/mo payment. Total monthly income totals $1,499/mo, and annual cash flow totals $606/yr on $69,250 capital. ROI tracks 20.78% on current figures, and rental yield reads 8.61% at a $208,900 purchase. Equity gained on principal adds $1,348/yr, and 5% annual appreciation supports $57,715 over five years. Five-year ROI reaches 108.54% and total cumulative return in cash sums $75,162. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,499/mo property income instead of your personal income.
Condo
Built in 1978
N/A lot
$N/A/sqft
No 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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Listed by: Tomasz Urbanek • United Real Estate Elite
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12457510