16 Forest LnCaryIL60013
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
Rental property for sale in Cary at 16 Forest Ln, Cary, IL, 60013 priced at $288,900 pairs $2,695/mo rent with $459/mo cash flow after a $1,414/mo payment. Total monthly income equals $2,695/mo, and annual cash flow comes to $5,510/yr on $95,770 invested. Return on cash invested is 25.66% in year one, and rental yield stands at 11.19% on a $288,900 basis. Equity gained on principal adds $1,864/yr, and 5% annual appreciation accumulates to $79,818 by year five. Five-year ROI measures 135.77% and total cumulative return in cash reaches $130,027. For financing, Ziffy Mortgage’s DSCR program evaluates $2,695/mo property income against a $1,414/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1973
1,800 sqft lot
$N/A/sqft
$232 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60013, Cary, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,872 (100%) |
| Owner Occupied HU | 8,527 (86.4%) |
| Renter Occupied HU | 988 (10.0%) |
| Vacant Housing Units | 357 ( 3.6%) |
| Median Home Value | $359,620 |
| Average Home Value | $384,516 |
Housing Distribution
Address Breakdown
Residential
9,776
Single Family
9,575
Multi-Family
201
Businesses
552
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Nearby investment properties with comparable prices
Listed by: Vladislav Georgiev • EHomes Realty, Ltd
Mls Name: MRED as distributed by MLS GRID
Mls Provider:
Mls ID: #12469453
Disclaimer: Based on information submitted to the MLS GRID as of 2025. 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](/mls-disclaimers/#17)