1501 Millbrook DrAlgonquinIL60102
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeA DSCR of 1.79 makes 1501 Millbrook Dr, Algonquin, IL, 60102 in Algonquin one of the easier properties to finance via Ziffy Mortgage's rental-income underwriting. Rental yield 8.41%. The 8.41% yield, 5% annual appreciation ($75,977 over five years), and $2,533/yr in principal reduction project a total cumulative return of $113,271.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.4% | 6.0% |
| Monthly Cash Flow | $(177) | $300 |
City averages based on Algonquin market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,217 |
| Total Monthly Debt Service | $1,995 |
| DSCR Ratio | 1.11x |
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.
Townhouse
Built in 2006
4,000 sqft lot
$N/A/sqft
$197 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60102, Algonquin, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,327 (100%) |
| Owner Occupied HU | 10,456 (84.8%) |
| Renter Occupied HU | 1,483 (12.0%) |
| Vacant Housing Units | 388 ( 3.1%) |
| Median Home Value | $350,876 |
| Average Home Value | $359,616 |
Housing Distribution
Address Breakdown
Residential
12,320
Single Family
11,820
Multi-Family
500
Businesses
961
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
Townhouse
Built in 2006
4,000 sqft lot
$N/A/sqft
$197 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60102, Algonquin, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,327 (100%) |
| Owner Occupied HU | 10,456 (84.8%) |
| Renter Occupied HU | 1,483 (12.0%) |
| Vacant Housing Units | 388 ( 3.1%) |
| Median Home Value | $350,876 |
| Average Home Value | $359,616 |
Housing Distribution
Address Breakdown
Residential
12,320
Single Family
11,820
Multi-Family
500
Businesses
961
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Melissa Nowak • Ridge Realty and Assocs Inc.
Mls Name: MRED as distributed by MLS GRID
Mls Provider:
Mls ID: #12352446
Disclaimer: Based on information submitted to the MLS GRID as of 2025. 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](/mls-disclaimers/#17)