1515 Grant StSchaumburgIL60193
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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 Schaumburg at 1515 Grant St, Schaumburg, IL, 60193 with 5% annual appreciation on a $1,649,900 basis while $4,977/mo rent supports operations. 85% in year one. Equity gained on principal adds $10,647/yr, and five-year appreciation sums $455,837 alongside rental yield of 3.62%. Five-year ROI measures 28.37% and total cumulative return in cash totals $151,678. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,977/mo property income versus a $8,075/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2027
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60193, Schaumburg, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,832 (100%) |
| Owner Occupied HU | 12,720 (75.6%) |
| Renter Occupied HU | 3,448 (20.5%) |
| Vacant Housing Units | 664 ( 3.9%) |
| Median Home Value | $351,998 |
| Average Home Value | $371,050 |
Housing Distribution
Address Breakdown
Residential
16,611
Single Family
11,150
Multi-Family
5,461
Businesses
877
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Listed by: Annette Sitnik • Team Realty Co.
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12535559