151 W Wing St APT 901Arlington HeightsIL60005
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
Investment Highlights
Investment property for sale in Arlington Heights at 151 W Wing St APT 901, Arlington Heights, IL, 60005 earns from $2,936/mo rent with a $7,586/mo payment. Total monthly income totals $2,936/mo. ROI tracks -4.35% on current figures, and rental yield reads 2.27% at a $1,549,900 purchase. Equity gained on principal adds $10,001/yr, and 5% annual appreciation supports $428,209 over five years. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,936/mo property income instead of your personal income.
Condo
Built in 2004
N/A lot
$N/A/sqft
$2,529 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60005, Arlington Heights, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,644 (100%) |
| Owner Occupied HU | 9,002 (61.5%) |
| Renter Occupied HU | 4,565 (31.2%) |
| Vacant Housing Units | 1,077 ( 7.4%) |
| Median Home Value | $395,064 |
| Average Home Value | $430,121 |
Housing Distribution
Address Breakdown
Residential
13,911
Single Family
7,200
Multi-Family
6,711
Businesses
1,456
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Listed by: Caroline Starr • @properties Christie's International Real Estate
Mls Name: MRED as distributed by MLS GRID
Mls Provider:
Mls ID: #12185793
Disclaimer: Based on information submitted to the MLS GRID as of 2024-02-07 09:06:36 PST. 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](/info/mls-disclaimers/#mls_17)