115 W Helen RdPalatineIL60067
Nearby investment properties with comparable rents
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 Palatine at 115 W Helen Rd, Palatine, IL, 60067 uses $86,157 cash to close to unlock $484/yr annual cash flow and $40/mo monthly cash flow. Total monthly income runs $1,843/mo, and a $1,272/mo payment keeps the spread at $40/mo. Purchase price stands at $259,900, and rental yield measures 8.51% with $1,843/mo rent. Return on cash invested shows 20.47% in year one, and 5% annual appreciation builds toward $71,806 over five years. Five-year ROI reaches 106.87% and total cumulative return in cash records $92,074. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,843/mo property income covering a $1,272/mo payment rather than investor’s personal income.
Single Family
Built in 1954
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60067, Palatine, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,806 (100%) |
| Owner Occupied HU | 12,221 (72.7%) |
| Renter Occupied HU | 3,604 (21.4%) |
| Vacant Housing Units | 981 ( 5.8%) |
| Median Home Value | $436,194 |
| Average Home Value | $473,977 |
Housing Distribution
Address Breakdown
Residential
16,762
Single Family
12,515
Multi-Family
4,247
Businesses
1,109
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices