1920 Jester LnAlgonquinIL60102
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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
Investment property for sale in Algonquin at 1920 Jester Ln, Algonquin, IL, 60102 uses $165,584 cash to close to unlock $5,222/yr annual cash flow and $435/mo monthly cash flow. Total monthly income runs $3,900/mo, and a $2,445/mo payment keeps the spread at $435/mo. Purchase price stands at $499,500, and rental yield measures 9.37% with $3,900/mo rent. Return on cash invested shows 23.06% in year one, and 5% annual appreciation builds toward $138,003 over five years. Five-year ROI reaches 120.75% and total cumulative return in cash records $199,939. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,900/mo property income covering a $2,445/mo payment rather than investor’s personal income.
Single Family
Built in 1997
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60102, Algonquin, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,327 (100%) |
| Owner Occupied HU | 10,456 (84.8%) |
| Renter Occupied HU | 1,483 (12.0%) |
| Vacant Housing Units | 388 ( 3.1%) |
| Median Home Value | $350,876 |
| Average Home Value | $359,616 |
Housing Distribution
Address Breakdown
Residential
12,320
Single Family
11,820
Multi-Family
500
Businesses
961
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