1463 Harvard CtCarol StreamIL60188
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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 Carol Stream at 1463 Harvard Ct, Carol Stream, IL, 60188 offers a 8.9% rental yield on a $304,999 purchase with $2,262/mo rent. Total monthly income registers $2,262/mo, and a $1,493/mo payment leaves $146/mo available for distribution. Annual cash flow reaches $1,756/yr on $101,107 to close, and return on cash invested stands at 21.65% in year one. Equity gained on principal adds $1,968/yr while 5% annual appreciation supports $84,266 over five years. Portfolio math shows five-year ROI at 113.16% and total cumulative return in cash at $114,417. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,262/mo property income against a $1,493/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1987
2,730 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60188, Carol Stream, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,043 (100%) |
| Owner Occupied HU | 10,560 (65.8%) |
| Renter Occupied HU | 4,637 (28.9%) |
| Vacant Housing Units | 846 ( 5.3%) |
| Median Home Value | $343,118 |
| Average Home Value | $361,326 |
Housing Distribution
Address Breakdown
Residential
15,438
Single Family
11,655
Multi-Family
3,783
Businesses
1,352
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Listed by: Dwij Jani • ARNI Realty Incorporated
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12454056