2253 Concord DrMcHenryIL60050
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow2253 Concord Dr, McHenry, IL, 60050 in McHenry is a solid income-producing rental, 12.09% gross yield, $2,322/mo rent, $437/mo net cash flow on a $230,500 buy. DSCR 2.24 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $63,683 and $2,123/yr in principal reduction project a total cumulative return of $117,582.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.1% | 6.0% |
| Monthly Cash Flow | $437 | $500 |
City averages based on McHenry market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,322 |
| Total Monthly Debt Service | $1,793 |
| DSCR Ratio | 1.29x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 2006
N/A lot
$N/A/sqft
$286 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60050, Mchenry, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,660 (100%) |
| Owner Occupied HU | 9,861 (72.2%) |
| Renter Occupied HU | 3,161 (23.1%) |
| Vacant Housing Units | 638 ( 4.7%) |
| Median Home Value | $291,195 |
| Average Home Value | $308,084 |
Housing Distribution
Address Breakdown
Residential
13,357
Single Family
12,305
Multi-Family
1,052
Businesses
840
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
Townhouse
Built in 2006
N/A lot
$N/A/sqft
$286 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60050, Mchenry, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,660 (100%) |
| Owner Occupied HU | 9,861 (72.2%) |
| Renter Occupied HU | 3,161 (23.1%) |
| Vacant Housing Units | 638 ( 4.7%) |
| Median Home Value | $291,195 |
| Average Home Value | $308,084 |
Housing Distribution
Address Breakdown
Residential
13,357
Single Family
12,305
Multi-Family
1,052
Businesses
840
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kelly Malina, ABR • Berkshire Hathaway HomeServices Starck Real Estate
Mls Name: MRED as distributed by MLS GRID
Mls Provider:
Mls ID: #12362101
Disclaimer: Based on information submitted to the MLS GRID as of 2025. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#17)