1205 Laurel 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
Rental property for sale in Schaumburg at 1205 Laurel Ln, Schaumburg, IL, 60193 generates $3,955/mo in rent and, after a $2,349/mo payment, leaves $626/mo in cash flow. Total monthly income is $3,955/mo, and annual cash flow is $7,512/yr on $159,120 invested. Return on cash invested sits at 24.63% in year one, and rental yield is 9.89% on a $480,000 entry. Equity gained on principal adds $3,097/yr, while 5% annual appreciation builds toward $132,615 over five years. Five-year ROI reaches 129.12% and total cumulative return in cash sums $205,457. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,955/mo property income rather than buyer’s personal income.
Single Family
Built in 1969
0.46 Acres 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: Sandra Stewart • RE/MAX Suburban
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12519143