400 Diamondback WayAlgonquinIL60102
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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 Algonquin at 400 Diamondback Way, Algonquin, IL, 60102 priced at $499,500 pairs $3,900/mo rent with $435/mo cash flow after a $2,445/mo payment. Total monthly income equals $3,900/mo, and annual cash flow comes to $5,222/yr on $165,584 invested. Return on cash invested is 23.06% in year one, and rental yield stands at 9.37% on a $499,500 basis. Equity gained on principal adds $3,223/yr, and 5% annual appreciation accumulates to $138,003 by year five. Five-year ROI measures 120.75% and total cumulative return in cash reaches $199,939. For financing, Ziffy Mortgage’s DSCR program evaluates $3,900/mo property income against a $2,445/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2002
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60102, Algonquin, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,327 (100%) |
| Owner Occupied HU | 10,456 (84.8%) |
| Renter Occupied HU | 1,483 (12.0%) |
| Vacant Housing Units | 388 ( 3.1%) |
| Median Home Value | $350,876 |
| Average Home Value | $359,616 |
Housing Distribution
Address Breakdown
Residential
12,320
Single Family
11,820
Multi-Family
500
Businesses
961
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