1522 E Fleming Dr N, Arlington Heights, IL, 60004 | $23/mo Cash Flow

For Sale

Listed for sale 2 days ago

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Arlington Heights at 1522 E Fleming Dr N, Arlington Heights, IL, 60004 offers a 8.37% rental yield on a $585,000 purchase with $4,080/mo rent. Total monthly income registers $4,080/mo, and a $2,863/mo payment leaves $23/mo available for distribution. Annual cash flow reaches $271/yr on $192,465 to close, and return on cash invested stands at 20.2% in year one. Equity gained on principal adds $3,775/yr while 5% annual appreciation supports $161,625 over five years. Portfolio math shows five-year ROI at 105.37% and total cumulative return in cash at $202,806. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,080/mo property income against a $2,863/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1972

8,820 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 60004, Arlington Heights, IL area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	21,581 (100%)
Owner Occupied HU	16,024 (74.3%)
Renter Occupied HU	4,409 (20.4%)
Vacant Housing Units	1,148 ( 5.3%)
Median Home Value	$431,610
Average Home Value	$467,848