1813 Hemlock Pl APT 304SchaumburgIL60173
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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 Schaumburg at 1813 Hemlock Pl APT 304, Schaumburg, IL, 60173 generates $1,433/mo in rent and, after a $925/mo payment, leaves $122/mo in cash flow. Total monthly income is $1,433/mo, and annual cash flow is $1,465/yr on $62,654 invested. Return on cash invested sits at 22.25% in year one, and rental yield is 9.1% on a $189,000 entry. Equity gained on principal adds $1,220/yr, while 5% annual appreciation builds toward $52,217 over five years. Five-year ROI reaches 116.43% and total cumulative return in cash sums $72,946. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,433/mo property income rather than buyer’s personal income.
Condo
Built in 1978
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60173, Schaumburg, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,575 (100%) |
| Owner Occupied HU | 2,527 (33.4%) |
| Renter Occupied HU | 4,437 (58.6%) |
| Vacant Housing Units | 611 ( 8.1%) |
| Median Home Value | $455,728 |
| Average Home Value | $452,807 |
Housing Distribution
Address Breakdown
Residential
7,256
Single Family
2,359
Multi-Family
4,897
Businesses
2,042
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Listed by: Sonia Habibovic • Koral Realty
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12462277