429 Lauren LnBuffalo GroveIL60089
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
Rental property for sale in Buffalo Grove at 429 Lauren Ln, Buffalo Grove, IL, 60089 priced at $399,900 pairs $3,000/mo rent with $227/mo cash flow after a $1,957/mo payment. Total monthly income equals $3,000/mo, and annual cash flow comes to $2,718/yr on $132,567 invested. Return on cash invested is 21.96% in year one, and rental yield stands at 9% on a $399,900 basis. Equity gained on principal adds $2,580/yr, and 5% annual appreciation accumulates to $110,485 by year five. Five-year ROI measures 114.83% and total cumulative return in cash reaches $152,228. For financing, Ziffy Mortgage’s DSCR program evaluates $3,000/mo property income against a $1,957/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1962
6,952 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60089, Buffalo Grove, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,428 (100%) |
| Owner Occupied HU | 13,591 (78.0%) |
| Renter Occupied HU | 3,161 (18.1%) |
| Vacant Housing Units | 676 ( 3.9%) |
| Median Home Value | $411,419 |
| Average Home Value | $435,801 |
Housing Distribution
Address Breakdown
Residential
16,998
Single Family
12,667
Multi-Family
4,331
Businesses
1,273
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cris Sallmen, ABR,CRS,SRES • Berkshire Hathaway HomeServices Chicago
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12536708