241 Settlers PlWest DundeeIL60118
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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
Rental property for sale in West Dundee at 241 Settlers Pl, West Dundee, IL, 60118 priced at $409,900 converts $2,100/mo rent into after a $2,006/mo obligation. Total monthly income equals $2,100/mo. Return on cash invested prints 13.35% in year one, and rental yield reads 6.15% against a $409,900 entry. Equity gained on principal adds $2,645/yr, while 5% annual appreciation compiles into $113,248 by year five. Five-year ROI reaches 68.67% and total cumulative return in cash sums $93,316. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,100/mo property income covering a $2,006/mo payment, not borrower’s personal income.
Townhouse
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60118, Dundee, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,570 (100%) |
| Owner Occupied HU | 5,299 (70.0%) |
| Renter Occupied HU | 1,870 (24.7%) |
| Vacant Housing Units | 401 ( 5.3%) |
| Median Home Value | $371,955 |
| Average Home Value | $392,294 |
Housing Distribution
Address Breakdown
Residential
7,261
Single Family
6,047
Multi-Family
1,214
Businesses
852
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Listed by: Bill Flemming • HomeSmart Connect LLC
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12532852