400 W Wilson StPalatineIL60067
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Palatine at 400 W Wilson St, Palatine, IL, 60067 earns $1,213/mo cash flow from $2,695/mo rent with a $918/mo payment. Total monthly income totals $2,695/mo, and annual cash flow totals $14,559/yr on $62,156 capital. ROI tracks 43.33% on current figures, and rental yield reads 17.25% at a $187,500 purchase. Equity gained on principal adds $1,210/yr, and 5% annual appreciation supports $51,803 over five years. Five-year ROI reaches 230.76% and total cumulative return in cash sums $143,431. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,695/mo property income instead of your personal income.
Single Family
Built in 1952
8,206 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60067, Palatine, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,806 (100%) |
| Owner Occupied HU | 12,221 (72.7%) |
| Renter Occupied HU | 3,604 (21.4%) |
| Vacant Housing Units | 981 ( 5.8%) |
| Median Home Value | $436,194 |
| Average Home Value | $473,977 |
Housing Distribution
Address Breakdown
Residential
16,762
Single Family
12,515
Multi-Family
4,247
Businesses
1,109
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices