1605 E Frederick StArlington HeightsIL60004
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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 Arlington Heights at 1605 E Frederick St, Arlington Heights, IL, 60004 listed at $511,800 pairs $3,767/mo rent with a $2,505/mo payment to leave $217/mo cash flow. Total monthly income runs $3,767/mo, and annual cash flow reaches $2,605/yr on $168,382 cash to close. Return on cash invested measures 21.61% in year one, and rental yield registers 8.83% at a $511,800 basis. Equity gained on principal adds $3,303/yr, and annual property appreciation at 5% supports $141,401 by year five. Five-year ROI tracks 112.93% and total cumulative return in cash totals $190,156. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,767/mo property income relative to a $2,505/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1961
0.25 Acres 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 |
Housing Distribution
Address Breakdown
Residential
21,121
Single Family
15,263
Multi-Family
5,858
Businesses
1,199
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