4675 Olmstead DrHoffman EstatesIL60192
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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 Hoffman Estates at 4675 Olmstead Dr, Hoffman Estates, IL, 60192 offers a 8.9% rental yield on a $449,000 purchase with $3,330/mo rent. Total monthly income registers $3,330/mo, and a $2,198/mo payment leaves $215/mo available for distribution. Annual cash flow reaches $2,583/yr on $148,844 to close, and return on cash invested stands at 21.64% in year one. Equity gained on principal adds $2,897/yr while 5% annual appreciation supports $124,050 over five years. Portfolio math shows five-year ROI at 113.15% and total cumulative return in cash at $168,412. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,330/mo property income against a $2,198/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1987
5,401 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60192, Schaumburg, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,479 (100%) |
| Owner Occupied HU | 4,816 (87.9%) |
| Renter Occupied HU | 518 ( 9.5%) |
| Vacant Housing Units | 145 ( 2.6%) |
| Median Home Value | $421,172 |
| Average Home Value | $455,167 |
Housing Distribution
Address Breakdown
Residential
5,686
Single Family
5,686
Multi-Family
0
Businesses
222
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Listed by: Helen Oliveri • Helen Oliveri Real Estate
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12535262