3050 Pheasant Creek Dr APT 305, Northbrook, IL, 60062 | $869/mo Cash Flow

For Sale

Fix & Flip

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Northbrook at 3050 Pheasant Creek Dr APT 305, Northbrook, IL, 60062 offers a 11.93% rental yield on a $289,000 purchase with $2,874/mo rent. Total monthly income registers $2,874/mo, and a $1,415/mo payment leaves $869/mo available for distribution. Annual cash flow reaches $10,427/yr on $95,804 to close, and return on cash invested stands at 30.79% in year one. Equity gained on principal adds $1,865/yr while 5% annual appreciation supports $79,845 over five years. Portfolio math shows five-year ROI at 162.18% and total cumulative return in cash at $155,378. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,874/mo property income against a $1,415/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1983

N/A lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 60062, Northbrook, IL area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	18,143 (100%)
Owner Occupied HU	13,725 (75.6%)
Renter Occupied HU	3,072 (16.9%)
Vacant Housing Units	1,346 ( 7.4%)
Median Home Value	$602,714
Average Home Value	$674,682