1415 W Partridge Ln UNIT 5Arlington HeightsIL60004
INVESTMENT ANALYSIS
Investment Verdict
Solid Income1415 W Partridge Ln UNIT 5, Arlington Heights, IL, 60004 in Arlington Heights is a solid income-producing rental, 9.32% gross yield, $2,197/mo rent, $235/mo net cash flow on a $282,900 buy. DSCR 1.73 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $78,160 and $2,606/yr in principal reduction project a total cumulative return of $123,329.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.3% | 6.0% |
| Monthly Cash Flow | $235 | $250 |
City averages based on Arlington Heights market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,197 |
| Total Monthly Debt Service | $1,850 |
| DSCR Ratio | 1.19x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1987
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60004, Arlington Heights, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,581 (100%) |
| Owner Occupied HU | 16,024 (74.3%) |
| Renter Occupied HU | 4,409 (20.4%) |
| Vacant Housing Units | 1,148 ( 5.3%) |
| Median Home Value | $431,610 |
| Average Home Value | $467,848 |
Housing Distribution
Address Breakdown
Residential
21,121
Single Family
15,263
Multi-Family
5,858
Businesses
1,199
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
Condo
Built in 1987
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60004, Arlington Heights, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,581 (100%) |
| Owner Occupied HU | 16,024 (74.3%) |
| Renter Occupied HU | 4,409 (20.4%) |
| Vacant Housing Units | 1,148 ( 5.3%) |
| Median Home Value | $431,610 |
| Average Home Value | $467,848 |
Housing Distribution
Address Breakdown
Residential
21,121
Single Family
15,263
Multi-Family
5,858
Businesses
1,199
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cherie Smith Zurek, ABR,CRS,GRI,SRES • RE/MAX Suburban
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12460769