175 Lake Blvd #308Buffalo GroveIL60089
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
Investment Highlights
Investment property for sale in Buffalo Grove at 175 Lake Blvd #308, Buffalo Grove, IL, 60089 earns $22/mo cash flow from $2,095/mo rent with a $1,463/mo payment. Total monthly income totals $2,095/mo, and annual cash flow totals $258/yr on $99,119 capital. ROI tracks 20.17% on current figures, and rental yield reads 8.41% at a $299,000 purchase. Equity gained on principal adds $1,929/yr, and 5% annual appreciation supports $82,608 over five years. Five-year ROI reaches 105.23% and total cumulative return in cash sums $104,302. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,095/mo property income instead of your personal income.
Condo
Built in 1974
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60089, Buffalo Grove, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,428 (100%) |
| Owner Occupied HU | 13,591 (78.0%) |
| Renter Occupied HU | 3,161 (18.1%) |
| Vacant Housing Units | 676 ( 3.9%) |
| Median Home Value | $411,419 |
| Average Home Value | $435,801 |
Housing Distribution
Address Breakdown
Residential
16,998
Single Family
12,667
Multi-Family
4,331
Businesses
1,273
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Leslie Silverman • @properties Christie's International Real Estate
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12484709