1606 W August LnMcHenryIL60051
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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 McHenry at 1606 W August Ln, McHenry, IL, 60051 uses $205,625 cash to close to unlock $203/yr annual cash flow and $17/mo monthly cash flow. Total monthly income runs $4,352/mo, and a $3,059/mo payment keeps the spread at $17/mo. Purchase price stands at $625,000, and rental yield measures 8.36% with $4,352/mo rent. Return on cash invested shows 20.16% in year one, and 5% annual appreciation builds toward $172,676 over five years. Five-year ROI reaches 105.13% and total cumulative return in cash records $216,169. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,352/mo property income covering a $3,059/mo payment rather than investor’s personal income.
Single Family
Built in 1990
1.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60051, Mchenry, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,090 (100%) |
| Owner Occupied HU | 8,357 (75.4%) |
| Renter Occupied HU | 2,004 (18.1%) |
| Vacant Housing Units | 729 ( 6.6%) |
| Median Home Value | $334,347 |
| Average Home Value | $354,514 |
Housing Distribution
Address Breakdown
Residential
10,471
Single Family
9,701
Multi-Family
770
Businesses
760
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