(Undisclosed Address)WilmetteIL60091
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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 Wilmette at (Undisclosed Address), Wilmette, IL, 60091 offers $4,183/mo rent that, after a $2,937/mo payment, leaves $21/mo cash flow. Total monthly income is $4,183/mo, and annual cash flow is $252/yr on $197,397 cash. Return on cash invested measures 20.19% in year one, and rental yield stands at 8.37% at a $599,990 entry. Equity gained on principal adds $3,872/yr while 5% annual appreciation compounds into $165,766 by year five. Five-year ROI records 105.31% and total cumulative return in cash reaches $207,885. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,183/mo property income versus a $2,937/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1961
4,621 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60091, Wilmette, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,598 (100%) |
| Owner Occupied HU | 8,510 (80.3%) |
| Renter Occupied HU | 1,468 (13.9%) |
| Vacant Housing Units | 620 ( 5.9%) |
| Median Home Value | $768,626 |
| Average Home Value | $890,982 |
Housing Distribution
Address Breakdown
Residential
10,487
Single Family
8,715
Multi-Family
1,772
Businesses
835
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
No similar price properties found nearby.