2843 Forestview DrCarpentersvilleIL60110
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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 Carpentersville at 2843 Forestview Dr, Carpentersville, IL, 60110 listed at $439,900 pairs $3,404/mo rent with a $2,153/mo payment to leave $353/mo cash flow. Total monthly income runs $3,404/mo, and annual cash flow reaches $4,234/yr on $145,827 cash to close. Return on cash invested measures 22.81% in year one, and rental yield registers 9.29% at a $439,900 basis. Equity gained on principal adds $2,839/yr, and annual property appreciation at 5% supports $121,536 by year five. Five-year ROI tracks 119.38% and total cumulative return in cash totals $174,087. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,404/mo property income relative to a $2,153/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1998
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60110, Carpentersville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,186 (100%) |
| Owner Occupied HU | 8,450 (69.3%) |
| Renter Occupied HU | 3,466 (28.4%) |
| Vacant Housing Units | 270 ( 2.2%) |
| Median Home Value | $249,542 |
| Average Home Value | $318,403 |
Housing Distribution
Address Breakdown
Residential
11,841
Single Family
11,072
Multi-Family
769
Businesses
474
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Listed by: Scott Alm • USA Realty Group Inc
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12519673