1245 Prairie View PkwyCaryIL60013
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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 Cary at 1245 Prairie View Pkwy, Cary, IL, 60013 uses $105,417 cash to close to unlock $3,916/yr annual cash flow and $326/mo monthly cash flow. Total monthly income runs $2,645/mo, and a $1,556/mo payment keeps the spread at $326/mo. Purchase price stands at $318,000, and rental yield measures 9.98% with $2,645/mo rent. Return on cash invested shows 23.62% in year one, and 5% annual appreciation builds toward $87,858 over five years. Five-year ROI reaches 124.24% and total cumulative return in cash records $130,967. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,645/mo property income covering a $1,556/mo payment rather than investor’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60013, Cary, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,872 (100%) |
| Owner Occupied HU | 8,527 (86.4%) |
| Renter Occupied HU | 988 (10.0%) |
| Vacant Housing Units | 357 ( 3.6%) |
| Median Home Value | $359,620 |
| Average Home Value | $384,516 |
Housing Distribution
Address Breakdown
Residential
9,776
Single Family
9,575
Multi-Family
201
Businesses
552
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