112 Ironwood CtRolling MeadowsIL60008
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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 Rolling Meadows at 112 Ironwood Ct, Rolling Meadows, IL, 60008 at $649,900 posts ROI 7.69% with from $2,304/mo rent. Total monthly income equals $2,304/mo. Return on cash invested measures 7.69% and rental yield reads 4.25% at the current $649,900. Equity gained on principal adds $4,194/yr, and 5% annual appreciation supports $179,555 by year five. Five-year ROI prints 38.3% and total cumulative return in cash totals $81,882. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,304/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1978
4,948 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60008, Rolling Meadows, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,303 (100%) |
| Owner Occupied HU | 6,551 (70.4%) |
| Renter Occupied HU | 2,302 (24.7%) |
| Vacant Housing Units | 450 ( 4.8%) |
| Median Home Value | $312,891 |
| Average Home Value | $351,080 |
Housing Distribution
Address Breakdown
Residential
9,057
Single Family
5,921
Multi-Family
3,136
Businesses
975
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Listed by: Mariela Dimitrov • Precision Home Realty INC
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12530188