2206 S Goebbert Rd APT 409Arlington HeightsIL60005
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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 2206 S Goebbert Rd APT 409, Arlington Heights, IL, 60005 earns $1,094/mo cash flow from $2,335/mo rent with a $876/mo payment. Total monthly income totals $2,335/mo, and annual cash flow totals $13,122/yr on $59,339 capital. ROI tracks 42.02% on current figures, and rental yield reads 15.65% at a $179,000 purchase. Equity gained on principal adds $1,155/yr, and 5% annual appreciation supports $49,454 over five years. Five-year ROI reaches 222.44% and total cumulative return in cash sums $131,991. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,335/mo property income instead of your personal income.
Condo
Built in 1965
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60005, Arlington Heights, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,644 (100%) |
| Owner Occupied HU | 9,002 (61.5%) |
| Renter Occupied HU | 4,565 (31.2%) |
| Vacant Housing Units | 1,077 ( 7.4%) |
| Median Home Value | $395,064 |
| Average Home Value | $430,121 |
Housing Distribution
Address Breakdown
Residential
13,911
Single Family
7,200
Multi-Family
6,711
Businesses
1,456
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Listed by: Arlene Fields • Baird & Warner
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12420139