321 Carmelhead LnSchaumburgIL60193
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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 Schaumburg at 321 Carmelhead Ln, Schaumburg, IL, 60193 listed at $550,000 pairs $4,986/mo rent with a $2,692/mo payment to leave $1,171/mo cash flow. Total monthly income runs $4,986/mo, and annual cash flow reaches $14,053/yr on $180,950 cash to close. Return on cash invested measures 27.83% in year one, and rental yield registers 10.88% at a $550,000 basis. Equity gained on principal adds $3,549/yr, and annual property appreciation at 5% supports $151,955 by year five. Five-year ROI tracks 146.28% and total cumulative return in cash totals $264,694. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,986/mo property income relative to a $2,692/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1977
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60193, Schaumburg, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,832 (100%) |
| Owner Occupied HU | 12,720 (75.6%) |
| Renter Occupied HU | 3,448 (20.5%) |
| Vacant Housing Units | 664 ( 3.9%) |
| Median Home Value | $351,998 |
| Average Home Value | $371,050 |
Housing Distribution
Address Breakdown
Residential
16,611
Single Family
11,150
Multi-Family
5,461
Businesses
877
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Listed by: Gina Clifford • Berkshire Hathaway HomeServices Starck Real Estate
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12406834