1611 W Partridge Ct UNIT 8Arlington 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
Rental property for sale in Arlington Heights at 1611 W Partridge Ct UNIT 8, Arlington Heights, IL, 60004 generates $2,043/mo in rent, after a $1,468/mo payment. Total monthly income is $2,043/mo. Return on cash invested sits at 19.46% in year one, and rental yield is 8.17% on a $300,000 entry. Equity gained on principal adds $1,936/yr, while 5% annual appreciation builds toward $82,884 over five years. Five-year ROI reaches 101.42% and total cumulative return in cash sums $100,860. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,043/mo property income rather than buyer’s personal income.
Condo
Built in 1987
N/A 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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Listed by: Catie Vanvalkenburg • Executive Realty Group LLC
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12454967