1637 Tahoe Circle DrWheelingIL60090
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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 Wheeling at 1637 Tahoe Circle Dr, Wheeling, IL, 60090 offers a 8.34% rental yield on a $279,500 purchase with $1,943/mo rent. Total monthly income registers $1,943/mo, and a $1,368/mo payment leaves $4/mo available for distribution. Annual cash flow reaches $52/yr on $92,654 to close, and return on cash invested stands at 19.97% in year one. Equity gained on principal adds $1,804/yr while 5% annual appreciation supports $77,221 over five years. Portfolio math shows five-year ROI at 104.15% and total cumulative return in cash at $96,500. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,943/mo property income against a $1,368/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1980
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60090, Wheeling, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,164 (100%) |
| Owner Occupied HU | 9,174 (56.8%) |
| Renter Occupied HU | 6,001 (37.1%) |
| Vacant Housing Units | 989 ( 6.1%) |
| Median Home Value | $302,424 |
| Average Home Value | $327,697 |
Housing Distribution
Address Breakdown
Residential
15,729
Single Family
8,063
Multi-Family
7,666
Businesses
1,380
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