5 Talcott AveCrystal LakeIL60014
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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 Crystal Lake at 5 Talcott Ave, Crystal Lake, IL, 60014 priced at $450,000 converts $3,695/mo rent into $573/mo cash flow after a $2,203/mo obligation. Total monthly income equals $3,695/mo, and annual cash flow totals $6,879/yr on $149,175 invested. Return on cash invested prints 24.52% in year one, and rental yield reads 9.85% against a $450,000 entry. Equity gained on principal adds $2,904/yr, while 5% annual appreciation compiles into $124,327 by year five. Five-year ROI reaches 128.57% and total cumulative return in cash sums $191,790. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,695/mo property income covering a $2,203/mo payment, not borrower’s personal income.
Single Family
Built in 2004
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60014, Crystal Lake, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,766 (100%) |
| Owner Occupied HU | 14,261 (76.0%) |
| Renter Occupied HU | 3,812 (20.3%) |
| Vacant Housing Units | 693 ( 3.7%) |
| Median Home Value | $342,930 |
| Average Home Value | $362,214 |
Housing Distribution
Address Breakdown
Residential
18,377
Single Family
16,184
Multi-Family
2,193
Businesses
1,699
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Listed by: Miranda Alt • Keller Williams Success Realty
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12528800