3606 Meadow DrRolling MeadowsIL60008
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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 Rolling Meadows at 3606 Meadow Dr, Rolling Meadows, IL, 60008 earns $69/mo cash flow from $2,490/mo rent with a $1,708/mo payment. Total monthly income totals $2,490/mo, and annual cash flow totals $833/yr on $115,694 capital. ROI tracks 20.63% on current figures, and rental yield reads 8.56% at a $349,000 purchase. Equity gained on principal adds $2,252/yr, and 5% annual appreciation supports $96,422 over five years. Five-year ROI reaches 107.69% and total cumulative return in cash sums $124,596. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,490/mo property income instead of your personal income.
Single Family
Built in 1955
0.25 Acres 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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Listed by: Megan Campbell Barnitz, CSC • @properties Christie's International Real Estate
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12421144