464 S President St APT 204Carol StreamIL60188
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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 Carol Stream at 464 S President St APT 204, Carol Stream, IL, 60188 generates $1,487/mo in rent, after a $1,072/mo payment. Total monthly income is $1,487/mo. Return on cash invested sits at 19.38% in year one, and rental yield is 8.15% on a $219,000 entry. Equity gained on principal adds $1,413/yr, while 5% annual appreciation builds toward $60,506 over five years. Five-year ROI reaches 100.97% and total cumulative return in cash sums $73,305. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,487/mo property income rather than buyer’s personal income.
Condo
Built in 1988
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60188, Carol Stream, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,043 (100%) |
| Owner Occupied HU | 10,560 (65.8%) |
| Renter Occupied HU | 4,637 (28.9%) |
| Vacant Housing Units | 846 ( 5.3%) |
| Median Home Value | $343,118 |
| Average Home Value | $361,326 |
Housing Distribution
Address Breakdown
Residential
15,438
Single Family
11,655
Multi-Family
3,783
Businesses
1,352
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Listed by: Lucy Masso-Garcia • Remax Future
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12536224