1668 Penn CtCrystal LakeIL60014
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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 Crystal Lake at 1668 Penn Ct, Crystal Lake, IL, 60014 generates $1,613/mo in rent and, after a $1,101/mo payment, leaves $53/mo in cash flow. Total monthly income is $1,613/mo, and annual cash flow is $631/yr on $74,588 invested. Return on cash invested sits at 20.76% in year one, and rental yield is 8.6% on a $225,000 entry. Equity gained on principal adds $1,452/yr, while 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 108.37% and total cumulative return in cash sums $80,829. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,613/mo property income rather than buyer’s personal income.
Condo
Built in 1991
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60014, Crystal Lake, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,766 (100%) |
| Owner Occupied HU | 14,261 (76.0%) |
| Renter Occupied HU | 3,812 (20.3%) |
| Vacant Housing Units | 693 ( 3.7%) |
| Median Home Value | $342,930 |
| Average Home Value | $362,214 |
Housing Distribution
Address Breakdown
Residential
18,377
Single Family
16,184
Multi-Family
2,193
Businesses
1,699
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Listed by: Traci Naumovski • Baird & Warner
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12473953