1924 N Hidden Creek Cir #6-76PalatineIL60038
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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 Palatine at 1924 N Hidden Creek Cir #6-76, Palatine, IL, 60038 uses $87,848 cash to close to unlock $6,251/yr annual cash flow and $521/mo monthly cash flow. Total monthly income runs $2,359/mo, and a $1,297/mo payment keeps the spread at $521/mo. Purchase price stands at $265,000, and rental yield measures 10.68% with $2,359/mo rent. Return on cash invested shows 27.03% in year one, and 5% annual appreciation builds toward $73,215 over five years. Five-year ROI reaches 141.97% and total cumulative return in cash records $124,719. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,359/mo property income covering a $1,297/mo payment rather than investor’s personal income.
Condo
Built in 1978
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60038, Palatine, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | |
| Owner Occupied HU | |
| Renter Occupied HU | |
| Vacant Housing Units | |
| Median Home Value | |
| Average Home Value |
Housing Distribution
Address Breakdown
Residential
0
Single Family
0
Multi-Family
0
Businesses
1
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