2336 Harrow Gate DrInvernessIL60010
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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 Inverness at 2336 Harrow Gate Dr, Inverness, IL, 60010 offers a 9.08% rental yield on a $984,800 purchase with $7,450/mo rent. Total monthly income registers $7,450/mo, and a $4,820/mo payment leaves $594/mo available for distribution. Annual cash flow reaches $7,132/yr on $323,999 to close, and return on cash invested stands at 22.26% in year one. Equity gained on principal adds $6,355/yr while 5% annual appreciation supports $272,082 over five years. Portfolio math shows five-year ROI at 116.45% and total cumulative return in cash at $377,299. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $7,450/mo property income against a $4,820/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1999
0.92 Acres lot
$N/A/sqft
$25 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60010, Barrington, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,812 (100%) |
| Owner Occupied HU | 14,919 (83.8%) |
| Renter Occupied HU | 1,694 ( 9.5%) |
| Vacant Housing Units | 1,199 ( 6.7%) |
| Median Home Value | $589,658 |
| Average Home Value | $678,718 |
Housing Distribution
Address Breakdown
Residential
17,976
Single Family
16,738
Multi-Family
1,238
Businesses
1,484
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