1500 Harbour Dr APT 2KWheelingIL60090
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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 Wheeling at 1500 Harbour Dr APT 2K, Wheeling, IL, 60090 earns $150/mo cash flow from $1,536/mo rent with a $978/mo payment. Total monthly income totals $1,536/mo, and annual cash flow totals $1,798/yr on $66,267 capital. ROI tracks 22.62% on current figures, and rental yield reads 9.22% at a $199,900 purchase. Equity gained on principal adds $1,290/yr, and 5% annual appreciation supports $55,229 over five years. Five-year ROI reaches 118.38% and total cumulative return in cash sums $78,445. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,536/mo property income instead of your personal income.
Condo
Built in 1977
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60090, Wheeling, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,164 (100%) |
| Owner Occupied HU | 9,174 (56.8%) |
| Renter Occupied HU | 6,001 (37.1%) |
| Vacant Housing Units | 989 ( 6.1%) |
| Median Home Value | $302,424 |
| Average Home Value | $327,697 |
Housing Distribution
Address Breakdown
Residential
15,729
Single Family
8,063
Multi-Family
7,666
Businesses
1,380
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