309 Teak LnStreamwoodIL60107
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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 Streamwood at 309 Teak Ln, Streamwood, IL, 60107 uses $86,190 cash to close to unlock $710/yr annual cash flow and $59/mo monthly cash flow. Total monthly income runs $1,863/mo, and a $1,273/mo payment keeps the spread at $59/mo. Purchase price stands at $260,000, and rental yield measures 8.6% with $1,863/mo rent. Return on cash invested shows 20.73% in year one, and 5% annual appreciation builds toward $71,833 over five years. Five-year ROI reaches 108.3% and total cumulative return in cash records $93,341. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,863/mo property income covering a $1,273/mo payment rather than investor’s personal income.
Townhouse
Built in 1986
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60107, Streamwood, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,510 (100%) |
| Owner Occupied HU | 10,924 (80.9%) |
| Renter Occupied HU | 2,125 (15.7%) |
| Vacant Housing Units | 461 ( 3.4%) |
| Median Home Value | $272,865 |
| Average Home Value | $298,226 |
Housing Distribution
Address Breakdown
Residential
13,527
Single Family
12,897
Multi-Family
630
Businesses
667
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Listed by: Nicholas Kalergis • @properties Christies International Real Estate
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12519659