2307 E Sherwood RdArlington HeightsIL60004
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 2307 E Sherwood Rd, Arlington Heights, IL, 60004 in Arlington Heights speaks for itself: 10.51% gross on a $569,900 price, generating $4,993/mo in rent and $1,040/mo in net income after the $2,702/mo debt service. DSCR 1.85, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $12,483 stacks alongside $157,453 in projected five-year appreciation and $4,777/yr in principal reduction. Projected total cumulative return: $274,173.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.5% | 6.0% |
| Monthly Cash Flow | $1,040 | $250 |
City averages based on Arlington Heights market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $4,993 |
| Total Monthly Debt Service | $3,865 |
| 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 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1968
10,001 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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: MRED as distributed by MLS GRID
Mls Provider:
Mls ID: #12739479
