371 McHenry AveCrystal LakeIL60014
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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 Crystal Lake at 371 McHenry Ave, Crystal Lake, IL, 60014 priced at $309,000 pairs $2,160/mo rent with $17/mo cash flow after a $1,512/mo payment. Total monthly income equals $2,160/mo, and annual cash flow comes to $205/yr on $102,434 invested. Return on cash invested is 20.11% in year one, and rental yield stands at 8.39% on a $309,000 basis. Equity gained on principal adds $1,994/yr, and 5% annual appreciation accumulates to $85,371 by year five. Five-year ROI measures 104.95% and total cumulative return in cash reaches $107,501. For financing, Ziffy Mortgage’s DSCR program evaluates $2,160/mo property income against a $1,512/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1862
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60014, Crystal Lake, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,766 (100%) |
| Owner Occupied HU | 14,261 (76.0%) |
| Renter Occupied HU | 3,812 (20.3%) |
| Vacant Housing Units | 693 ( 3.7%) |
| Median Home Value | $342,930 |
| Average Home Value | $362,214 |
Housing Distribution
Address Breakdown
Residential
18,377
Single Family
16,184
Multi-Family
2,193
Businesses
1,699
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Listed by: James Sances • Brokerocity Inc
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12496442