907 Curtiss St APT 504Downers GroveIL60515
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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 Downers Grove at 907 Curtiss St APT 504, Downers Grove, IL, 60515 listed at $345,000 pairs $2,782/mo rent with a $1,689/mo payment to leave $389/mo cash flow. Total monthly income runs $2,782/mo, and annual cash flow reaches $4,663/yr on $114,368 cash to close. Return on cash invested measures 23.99% in year one, and rental yield registers 9.68% at a $345,000 basis. Equity gained on principal adds $2,226/yr, and annual property appreciation at 5% supports $95,317 by year five. Five-year ROI tracks 125.68% and total cumulative return in cash totals $143,740. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,782/mo property income relative to a $1,689/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1974
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60515, Downers Grove, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,633 (100%) |
| Owner Occupied HU | 9,103 (72.1%) |
| Renter Occupied HU | 2,885 (22.8%) |
| Vacant Housing Units | 645 ( 5.1%) |
| Median Home Value | $518,927 |
| Average Home Value | $573,113 |
Housing Distribution
Address Breakdown
Residential
12,238
Single Family
8,757
Multi-Family
3,481
Businesses
1,888
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Listed by: Ken Albert • Keller Williams Experience
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12544009