3246 N Heritage LnArlington HeightsIL60004
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
Investment Highlights
Investment property for sale in Arlington Heights at 3246 N Heritage Ln, Arlington Heights, IL, 60004 listed at $481,800 pairs $3,661/mo rent with a $2,358/mo payment. Total monthly income runs $3,661/mo. Return on cash invested measures 18.42% in year one, and rental yield registers 9.12% at a $481,800 basis. Equity gained on principal adds $3,109/yr, and annual property appreciation at 5% supports $133,112 by year five. Five-year ROI tracks 97.24% and total cumulative return in cash totals $155,310. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,661/mo property income relative to a $2,358/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2018
1,996 sqft lot
$N/A/sqft
$307 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60004, Arlington Heights, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,581 (100%) |
| Owner Occupied HU | 16,024 (74.3%) |
| Renter Occupied HU | 4,409 (20.4%) |
| Vacant Housing Units | 1,148 ( 5.3%) |
| Median Home Value | $431,610 |
| Average Home Value | $467,848 |
Housing Distribution
Address Breakdown
Residential
21,121
Single Family
15,263
Multi-Family
5,858
Businesses
1,199
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