205 Glasgow Ln UNIT V1SchaumburgIL60194
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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 Schaumburg at 205 Glasgow Ln UNIT V1, Schaumburg, IL, 60194 offers a 10.97% rental yield on a $285,000 purchase with $2,606/mo rent. Total monthly income registers $2,606/mo, and a $1,395/mo payment leaves $629/mo available for distribution. Annual cash flow reaches $7,549/yr on $94,478 to close, and return on cash invested stands at 27.9% in year one. Equity gained on principal adds $1,839/yr while 5% annual appreciation supports $78,740 over five years. Portfolio math shows five-year ROI at 146.71% and total cumulative return in cash at $138,606. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,606/mo property income against a $1,395/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1990
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60194, Schaumburg, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,267 (100%) |
| Owner Occupied HU | 5,807 (70.2%) |
| Renter Occupied HU | 2,052 (24.8%) |
| Vacant Housing Units | 408 ( 4.9%) |
| Median Home Value | $333,292 |
| Average Home Value | $348,916 |
Housing Distribution
Address Breakdown
Residential
8,158
Single Family
6,509
Multi-Family
1,649
Businesses
341
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Listed by: Dilip Shinde • Charles Rutenberg Realty
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12510333