305 Oregon AveWest 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 305 Oregon Ave, West Dundee, IL, 60118 offers $2,702/mo rent that, after a $4,405/mo payment. Total monthly income is $2,702/mo. Return on cash invested measures 5.71% in year one, and rental yield stands at 3.6% at a $899,900 entry. Equity gained on principal adds $5,807/yr while 5% annual appreciation compounds into $248,626 by year five. Five-year ROI records 27.66% and total cumulative return in cash reaches $81,892. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,702/mo property income versus a $4,405/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1907
0.81 Acres 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: Hilda Jones, GRI,SFR • Baird & Warner Real Estate - A
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12512628