1111 E Algonquin Rd APT 1Arlington HeightsIL60005
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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 Arlington Heights at 1111 E Algonquin Rd APT 1, Arlington Heights, IL, 60005 earns $172/mo cash flow from $1,385/mo rent with a $856/mo payment. Total monthly income totals $1,385/mo, and annual cash flow totals $2,063/yr on $57,980 capital. ROI tracks 23.47% on current figures, and rental yield reads 9.5% at a $174,901 purchase. Equity gained on principal adds $1,129/yr, and 5% annual appreciation supports $48,322 over five years. Five-year ROI reaches 122.9% and total cumulative return in cash sums $71,256. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,385/mo property income instead of your personal income.
Condo
Built in 1964
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60005, Arlington Heights, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,644 (100%) |
| Owner Occupied HU | 9,002 (61.5%) |
| Renter Occupied HU | 4,565 (31.2%) |
| Vacant Housing Units | 1,077 ( 7.4%) |
| Median Home Value | $395,064 |
| Average Home Value | $430,121 |
Housing Distribution
Address Breakdown
Residential
13,911
Single Family
7,200
Multi-Family
6,711
Businesses
1,456
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Listed by: Zeferino Martinez • RE/MAX 10
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12461613