400 Berron LnBarringtonIL60010
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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 Barrington at 400 Berron Ln, Barrington, IL, 60010 offers $5,686/mo rent that, after a $9,050/mo payment. Total monthly income is $5,686/mo. Return on cash invested measures 6.07% in year one, and rental yield stands at 3.69% at a $1,849,000 entry. Equity gained on principal adds $11,931/yr while 5% annual appreciation compounds into $510,845 by year five. Five-year ROI records 29.53% and total cumulative return in cash reaches $176,903. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,686/mo property income versus a $9,050/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2007
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60010, Barrington, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,812 (100%) |
| Owner Occupied HU | 14,919 (83.8%) |
| Renter Occupied HU | 1,694 ( 9.5%) |
| Vacant Housing Units | 1,199 ( 6.7%) |
| Median Home Value | $589,658 |
| Average Home Value | $678,718 |
Housing Distribution
Address Breakdown
Residential
17,976
Single Family
16,738
Multi-Family
1,238
Businesses
1,484
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Listed by: John Monino • Re/Max Premier
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12516943