3500 Plum Grove DrRolling MeadowsIL60008
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 Rolling Meadows at 3500 Plum Grove Dr, Rolling Meadows, IL, 60008 at $410,000 posts ROI 27.94% with $910/mo cash flow from $3,754/mo rent. Total monthly income equals $3,754/mo, and annual cash flow records $10,919/yr on $135,915 to close. Return on cash invested measures 27.94% and rental yield reads 10.99% at the current $410,000. Equity gained on principal adds $2,646/yr, and 5% annual appreciation supports $113,275 by year five. Five-year ROI prints 146.89% and total cumulative return in cash totals $199,643.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,754/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1965
10,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60008, Rolling Meadows, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,303 (100%) |
| Owner Occupied HU | 6,551 (70.4%) |
| Renter Occupied HU | 2,302 (24.7%) |
| Vacant Housing Units | 450 ( 4.8%) |
| Median Home Value | $312,891 |
| Average Home Value | $351,080 |
Housing Distribution
Address Breakdown
Residential
9,057
Single Family
5,921
Multi-Family
3,136
Businesses
975
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Nearby investment properties with comparable prices
Listed by: Juan Garcia • HomeSmart Realty Group
Mls Name: MRED as distributed by MLS GRID
Mls Provider:
Mls ID: #12157542
Disclaimer: Based on information submitted to the MLS GRID as of 2024-02-07 09:06:36 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/info/mls-disclaimers/#mls_17)