121 Florence AveInvernessIL60010
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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 Inverness at 121 Florence Ave, Inverness, IL, 60010 earns from $4,784/mo rent with a $7,826/mo payment. Total monthly income totals $4,784/mo. ROI tracks 5.76% on current figures, and rental yield reads 3.59% at a $1,599,000 purchase. Equity gained on principal adds $10,318/yr, and 5% annual appreciation supports $441,774 over five years. Five-year ROI reaches 27.89% and total cumulative return in cash sums $144,469. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,784/mo property income instead of your personal income.
Single Family
Built in 2004
2.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60010, Barrington, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,812 (100%) |
| Owner Occupied HU | 14,919 (83.8%) |
| Renter Occupied HU | 1,694 ( 9.5%) |
| Vacant Housing Units | 1,199 ( 6.7%) |
| Median Home Value | $589,658 |
| Average Home Value | $678,718 |
Housing Distribution
Address Breakdown
Residential
17,976
Single Family
16,738
Multi-Family
1,238
Businesses
1,484
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