1032 Courtland DrBuffalo GroveIL60089
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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 Buffalo Grove at 1032 Courtland Dr, Buffalo Grove, IL, 60089 offers a 10.36% rental yield on a $334,900 purchase with $2,890/mo rent. Total monthly income registers $2,890/mo, and a $1,639/mo payment leaves $567/mo available for distribution. Annual cash flow reaches $6,807/yr on $111,019 to close, and return on cash invested stands at 26.04% in year one. Equity gained on principal adds $2,161/yr while 5% annual appreciation supports $92,527 over five years. Portfolio math shows five-year ROI at 136.72% and total cumulative return in cash at $151,789. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,890/mo property income against a $1,639/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1985
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60089, Buffalo Grove, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,428 (100%) |
| Owner Occupied HU | 13,591 (78.0%) |
| Renter Occupied HU | 3,161 (18.1%) |
| Vacant Housing Units | 676 ( 3.9%) |
| Median Home Value | $411,419 |
| Average Home Value | $435,801 |
Housing Distribution
Address Breakdown
Residential
16,998
Single Family
12,667
Multi-Family
4,331
Businesses
1,273
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Listed by: Andrew Shevelev • American Real Estate Services
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12471856