1029 Buccaneer Dr APT 6SchaumburgIL60173
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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 Schaumburg at 1029 Buccaneer Dr APT 6, Schaumburg, IL, 60173 earns from $1,401/mo rent with a $1,003/mo payment. Total monthly income totals $1,401/mo. ROI tracks 19.55% on current figures, and rental yield reads 8.2% at a $205,000 purchase. Equity gained on principal adds $1,323/yr, and 5% annual appreciation supports $56,638 over five years. Five-year ROI reaches 101.91% and total cumulative return in cash sums $69,258. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,401/mo property income instead of your personal income.
Condo
Built in 1984
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60173, Schaumburg, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,575 (100%) |
| Owner Occupied HU | 2,527 (33.4%) |
| Renter Occupied HU | 4,437 (58.6%) |
| Vacant Housing Units | 611 ( 8.1%) |
| Median Home Value | $455,728 |
| Average Home Value | $452,807 |
Housing Distribution
Address Breakdown
Residential
7,256
Single Family
2,359
Multi-Family
4,897
Businesses
2,042
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Listed by: Stanislaw Noga • Hometown Real Estate Group LLC
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12471947