1552 Matthew Dr #1552AlgonquinIL60102
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 1552 Matthew Dr #1552, Algonquin, IL, 60102 in Algonquin hard to pass up. The 11.73% gross yield on a $315,000 purchase results in $3,079/mo in rent and $628/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.17). Annual cash flow of $7,540, five-year appreciation of $87,029, and $2,901/yr in equity build-up combine for a projected total cumulative return of $178,030.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.7% | 6.0% |
| Monthly Cash Flow | $628 | $300 |
City averages based on Algonquin market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,079 |
| Total Monthly Debt Service | $2,060 |
| DSCR Ratio | 1.49x |
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.
Condo
Built in 2005
N/A lot
$N/A/sqft
No 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
Condo
Built in 2005
N/A lot
$N/A/sqft
No 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