28798 W Rivers Edge DrCaryIL60013
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 28798 W Rivers Edge Dr, Cary, IL, 60013 in Cary speaks for itself: 15.94% gross on a $718,900 price, generating $9,550/mo in rent and $4,544/mo in net income after the $3,233/mo debt service. DSCR 2.95, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $54,533 stacks alongside $198,619 in projected five-year appreciation and $6,621/yr in principal reduction. Projected total cumulative return: $567,460.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 15.9% | 6.5% |
| Monthly Cash Flow | $4,544 | $300 |
City averages based on Cary market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $9,550 |
| Total Monthly Debt Service | $4,719 |
| DSCR Ratio | 2.02x |
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 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2002
0.97 Acres lot
$N/A/sqft
$225 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60013, Cary, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,872 (100%) |
| Owner Occupied HU | 8,527 (86.4%) |
| Renter Occupied HU | 988 (10.0%) |
| Vacant Housing Units | 357 ( 3.6%) |
| Median Home Value | $359,620 |
| Average Home Value | $384,516 |
Housing Distribution
Address Breakdown
Residential
9,776
Single Family
9,575
Multi-Family
201
Businesses
552
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
Single Family
Built in 2002
0.97 Acres lot
$N/A/sqft
$225 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60013, Cary, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,872 (100%) |
| Owner Occupied HU | 8,527 (86.4%) |
| Renter Occupied HU | 988 (10.0%) |
| Vacant Housing Units | 357 ( 3.6%) |
| Median Home Value | $359,620 |
| Average Home Value | $384,516 |
Housing Distribution
Address Breakdown
Residential
9,776
Single Family
9,575
Multi-Family
201
Businesses
552
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices