2304 Jay LnRolling MeadowsIL60008
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 Rolling Meadows at 2304 Jay Ln, Rolling Meadows, IL, 60008 earns $229/mo cash flow from $2,879/mo rent with a $1,870/mo payment. Total monthly income totals $2,879/mo, and annual cash flow totals $2,747/yr on $126,666 capital. ROI tracks 22.08% on current figures, and rental yield reads 9.04% at a $382,100 purchase. Equity gained on principal adds $2,466/yr, and 5% annual appreciation supports $105,567 over five years. Five-year ROI reaches 115.45% and total cumulative return in cash sums $146,232. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,879/mo property income instead of your personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60008, Rolling Meadows, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,303 (100%) |
| Owner Occupied HU | 6,551 (70.4%) |
| Renter Occupied HU | 2,302 (24.7%) |
| Vacant Housing Units | 450 ( 4.8%) |
| Median Home Value | $312,891 |
| Average Home Value | $351,080 |
Housing Distribution
Address Breakdown
Residential
9,057
Single Family
5,921
Multi-Family
3,136
Businesses
975
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Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A