1617 N Windsor Dr APT 307Arlington HeightsIL60004
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Arlington Heights rentals match the income profile of 1617 N Windsor Dr APT 307, Arlington Heights, IL, 60004. Listed at $159,900, gross rent is $3,055/mo and net cash flow is $1,663/mo, a 22.93% yield well above national averages. DSCR 4.25 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $44,177 by year five with $1,473/yr in annual principal reduction, projecting $169,423 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 22.9% | 6.0% |
| Monthly Cash Flow | $1,663 | $250 |
City averages based on Arlington Heights market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,055 |
| Total Monthly Debt Service | $1,328 |
| DSCR Ratio | 2.30x |
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 1970
N/A lot
$N/A/sqft
$283 monthly 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
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 1970
N/A lot
$N/A/sqft
$283 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices