1115 E Algonquin Rd UNIT 20Arlington HeightsIL60005
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Nearby investment properties with comparable prices
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 1115 E Algonquin Rd UNIT 20, Arlington Heights, IL, 60005 listed at $205,000 pairs $1,375/mo rent with a $1,003/mo payment. Total monthly income runs $1,375/mo. Return on cash invested measures 19.09% in year one, and rental yield registers 8.05% at a $205,000 basis. Equity gained on principal adds $1,323/yr, and annual property appreciation at 5% supports $56,638 by year five. Five-year ROI tracks 99.44% and total cumulative return in cash totals $67,578. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,375/mo property income relative to a $1,003/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
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: Nikki Bulbuc • Baird & Warner
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12548297