1880 Bonnie Ln APT 416Hoffman EstatesIL60169
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 1880 Bonnie Ln APT 416, Hoffman Estates, IL, 60169 in Hoffman Estates hard to pass up. The 15.47% gross yield on a $190,000 purchase results in $2,449/mo in rent and $699/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.87). Annual cash flow of $8,392, five-year appreciation of $52,494, and $1,750/yr in equity build-up combine for a projected total cumulative return of $145,515.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 15.5% | 6.0% |
| Monthly Cash Flow | $699 | $200 |
City averages based on Hoffman Estates market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,449 |
| Total Monthly Debt Service | $1,242 |
| DSCR Ratio | 1.97x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1978
N/A lot
$N/A/sqft
No HOA
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
Condo
Built in 1978
N/A lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Botakuz Syemyeikhan • Coldwell Banker Realty
Mls Name: MRED as distributed by MLS GRID
Mls Provider:
Mls ID: #12536899