1717 Hoover TrlMcHenryIL60051
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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 McHenry at 1717 Hoover Trl, McHenry, IL, 60051 generates $4,775/mo in rent and, after a $2,667/mo payment, leaves $996/mo in cash flow. Total monthly income is $4,775/mo, and annual cash flow is $11,946/yr on $179,272 invested. Return on cash invested sits at 26.72% in year one, and rental yield is 10.52% on a $544,900 entry. Equity gained on principal adds $3,516/yr, while 5% annual appreciation builds toward $150,546 over five years. Five-year ROI reaches 140.34% and total cumulative return in cash sums $251,597. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,775/mo property income rather than buyer’s personal income.
Single Family
Built in 2013
0.25 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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