2814 Belle Ln #2814SchaumburgIL60193
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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 Schaumburg at 2814 Belle Ln #2814, Schaumburg, IL, 60193 generates $2,037/mo in rent and, after a $1,419/mo payment, leaves $26/mo in cash flow. Total monthly income is $2,037/mo, and annual cash flow is $311/yr on $96,135 invested. Return on cash invested sits at 20.23% in year one, and rental yield is 8.43% on a $290,000 entry. Equity gained on principal adds $1,871/yr, while 5% annual appreciation builds toward $80,122 over five years. Five-year ROI reaches 105.54% and total cumulative return in cash sums $101,464. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,037/mo property income rather than buyer’s personal income.
Condo
Built in 1990
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60193, Schaumburg, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,832 (100%) |
| Owner Occupied HU | 12,720 (75.6%) |
| Renter Occupied HU | 3,448 (20.5%) |
| Vacant Housing Units | 664 ( 3.9%) |
| Median Home Value | $351,998 |
| Average Home Value | $371,050 |
Housing Distribution
Address Breakdown
Residential
16,611
Single Family
11,150
Multi-Family
5,461
Businesses
877
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Listed by: Jasmin Gallaga • CENTURY 21 New Heritage West
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12441689