214 W Fremont StArlington HeightsIL60004
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
Investment Highlights
Investment property for sale in Arlington Heights at 214 W Fremont St, Arlington Heights, IL, 60004 earns $16/mo cash flow from $2,444/mo rent with a $1,713/mo payment. Total monthly income totals $2,444/mo, and annual cash flow totals $197/yr on $116,025 capital. ROI tracks 20.08% on current figures, and rental yield reads 8.38% at a $350,000 purchase. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,699 over five years. Five-year ROI reaches 104.76% and total cumulative return in cash sums $121,550. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,444/mo property income instead of your personal income.
Single Family
Built in 1873
6,500 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Caroline Starr • @properties Christie's International Real Estate
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12472341