3250 Sanders Rd APT 10CNorthbrookIL60062
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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 Northbrook at 3250 Sanders Rd APT 10C, Northbrook, IL, 60062 uses $82,212 cash to close to unlock $440/yr annual cash flow and $37/mo monthly cash flow. Total monthly income runs $1,757/mo, and a $1,214/mo payment keeps the spread at $37/mo. Purchase price stands at $248,000, and rental yield measures 8.5% with $1,757/mo rent. Return on cash invested shows 20.44% in year one, and 5% annual appreciation builds toward $68,518 over five years. Five-year ROI reaches 106.69% and total cumulative return in cash records $87,714. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,757/mo property income covering a $1,214/mo payment rather than investor’s personal income.
Condo
Built in 1977
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 |
Housing Distribution
Address Breakdown
Residential
17,656
Single Family
12,879
Multi-Family
4,777
Businesses
2,233
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Listed by: Sharon Luo • RE/MAX Suburban
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12538905