1057 Shannock LnSchaumburgIL60193
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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 1057 Shannock Ln, Schaumburg, IL, 60193 offers a 10.8% rental yield on a $360,000 purchase with $3,239/mo rent. Total monthly income registers $3,239/mo, and a $1,762/mo payment leaves $742/mo available for distribution. Annual cash flow reaches $8,904/yr on $119,340 to close, and return on cash invested stands at 27.37% in year one. Equity gained on principal adds $2,323/yr while 5% annual appreciation supports $99,461 over five years. Portfolio math shows five-year ROI at 143.82% and total cumulative return in cash at $171,633. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,239/mo property income against a $1,762/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1980
3,042 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60193, Schaumburg, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,832 (100%) |
| Owner Occupied HU | 12,720 (75.6%) |
| Renter Occupied HU | 3,448 (20.5%) |
| Vacant Housing Units | 664 ( 3.9%) |
| Median Home Value | $351,998 |
| Average Home Value | $371,050 |
Housing Distribution
Address Breakdown
Residential
16,611
Single Family
11,150
Multi-Family
5,461
Businesses
877
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Listed by: Jeffrey Padesky • Real Broker, LLC
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12426119