1505 Chartwell RdSchaumburgIL60195
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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 Schaumburg at 1505 Chartwell Rd, Schaumburg, IL, 60195 generates $2,304/mo in rent, after a $2,398/mo payment. Total monthly income is $2,304/mo. Return on cash invested sits at 11.82% in year one, and rental yield is 5.64% on a $489,900 entry. Equity gained on principal adds $3,161/yr, while 5% annual appreciation builds toward $135,350 over five years. Five-year ROI reaches 60.46% and total cumulative return in cash sums $98,189. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,304/mo property income rather than buyer’s personal income.
Single Family
Built in 1969
10,010 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60195, Schaumburg, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,623 (100%) |
| Owner Occupied HU | 957 (36.5%) |
| Renter Occupied HU | 1,455 (55.5%) |
| Vacant Housing Units | 211 ( 8.0%) |
| Median Home Value | $268,396 |
| Average Home Value | $281,873 |
Housing Distribution
Address Breakdown
Residential
2,507
Single Family
618
Multi-Family
1,889
Businesses
394
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Listed by: Elaine Specha • Berkshire Hathaway HomeServices American Heritage
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12449842