1358 W Borders DrPalatineIL60067
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 1358 W Borders Dr, Palatine, IL, 60067 with 5% annual appreciation on a $592,100 basis while $4,913/mo rent supports operations. Total monthly income totals $4,913/mo and a $2,898/mo payment preserves $573/mo for cash returns. Annual cash flow comes to $6,880/yr on $194,801 deployed, and return on cash invested reaches 23.59% in year one. Equity gained on principal adds $3,821/yr, and five-year appreciation sums $163,586 alongside rental yield of 9.96%. Five-year ROI measures 124.08% and total cumulative return in cash totals $241,707.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,913/mo property income versus a $2,898/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1973
0.36 Acres lot
$N/A/sqft
$68 monthly 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