37 River Ridge DrSleepy HollowIL60118
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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
Rental property for sale in Sleepy Hollow at 37 River Ridge Dr, Sleepy Hollow, IL, 60118 generates $5,393/mo in rent and, after a $3,421/mo payment, leaves $545/mo in cash flow. Total monthly income is $5,393/mo, and annual cash flow is $6,538/yr on $229,971 invested. Return on cash invested sits at 22.9% in year one, and rental yield is 9.26% on a $699,000 entry. Equity gained on principal adds $4,511/yr, while 5% annual appreciation builds toward $193,121 over five years. Five-year ROI reaches 119.85% and total cumulative return in cash sums $275,618. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,393/mo property income rather than buyer’s personal income.
Single Family
Built in 1996
0.73 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60118, Dundee, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,570 (100%) |
| Owner Occupied HU | 5,299 (70.0%) |
| Renter Occupied HU | 1,870 (24.7%) |
| Vacant Housing Units | 401 ( 5.3%) |
| Median Home Value | $371,955 |
| Average Home Value | $392,294 |
Housing Distribution
Address Breakdown
Residential
7,261
Single Family
6,047
Multi-Family
1,214
Businesses
852
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Listed by: Teresa Stultz • Premier Living Properties
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12459425