2011 E Canterbury DrArlington HeightsIL60004
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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 Arlington Heights at 2011 E Canterbury Dr, Arlington Heights, IL, 60004 uses $179,272 cash to close to unlock $3,822/yr annual cash flow and $319/mo monthly cash flow. Total monthly income runs $4,098/mo, and a $2,667/mo payment keeps the spread at $319/mo. Purchase price stands at $544,900, and rental yield measures 9.02% with $4,098/mo rent. Return on cash invested shows 22.19% in year one, and 5% annual appreciation builds toward $150,546 over five years. Five-year ROI reaches 116.05% and total cumulative return in cash records $208,049. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,098/mo property income covering a $2,667/mo payment rather than investor’s personal income.
Single Family
Built in 1973
9,234 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60004, Arlington Heights, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,581 (100%) |
| Owner Occupied HU | 16,024 (74.3%) |
| Renter Occupied HU | 4,409 (20.4%) |
| Vacant Housing Units | 1,148 ( 5.3%) |
| Median Home Value | $431,610 |
| Average Home Value | $467,848 |
Housing Distribution
Address Breakdown
Residential
21,121
Single Family
15,263
Multi-Family
5,858
Businesses
1,199
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Listed by: Kimberly Peterson • Coldwell Banker Realty
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12462702