1405 Highland BlvdHoffman EstatesIL60169
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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 Hoffman Estates at 1405 Highland Blvd, Hoffman Estates, IL, 60169 offers $4,494/mo rent that, after a $1,786/mo payment, leaves $1,963/mo cash flow. Total monthly income is $4,494/mo, and annual cash flow is $23,553/yr on $120,998 cash. Return on cash invested measures 39.38% in year one, and rental yield stands at 14.77% at a $365,000 entry. Equity gained on principal adds $2,355/yr while 5% annual appreciation compounds into $100,843 by year five. Five-year ROI records 208.21% and total cumulative return in cash reaches $251,923. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,494/mo property income versus a $1,786/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1961
9,988 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Katherine Shubert • City Homes Real Estate, Inc.
Mls Name: MRED as distributed by MLS GRID
Mls Provider:
Mls ID: #12158241
Disclaimer: Based on information submitted to the MLS GRID as of 2024-02-07 09:06:36 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/info/mls-disclaimers/#mls_17)