4030 Arbor Ln APT 201NorthfieldIL60093
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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
Investment property for sale in Northfield at 4030 Arbor Ln APT 201, Northfield, IL, 60093 uses $125,970 cash to close to unlock $2,546/yr annual cash flow and $212/mo monthly cash flow. Total monthly income runs $2,848/mo, and a $1,860/mo payment keeps the spread at $212/mo. Purchase price stands at $380,000, and rental yield measures 8.99% with $2,848/mo rent. Return on cash invested shows 21.93% in year one, and 5% annual appreciation builds toward $104,987 over five years. Five-year ROI reaches 114.69% and total cumulative return in cash records $144,481. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,848/mo property income covering a $1,860/mo payment rather than investor’s personal income.
Condo
Built in 1995
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60093, Winnetka, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,467 (100%) |
| Owner Occupied HU | 6,087 (81.5%) |
| Renter Occupied HU | 830 (11.1%) |
| Vacant Housing Units | 550 ( 7.4%) |
| Median Home Value | $1,040,224 |
| Average Home Value | $1,169,454 |
Housing Distribution
Address Breakdown
Residential
7,434
Single Family
6,177
Multi-Family
1,257
Businesses
1,223
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Listed by: Ginger Cavalier • @properties Christie's International Real Estate
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12448108