5 W Central Rd APT 201Mount ProspectIL60056
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
Investment property for sale in Mount Prospect at 5 W Central Rd APT 201, Mount Prospect, IL, 60056 listed at $335,000 pairs $2,993/mo rent with a $1,640/mo payment to leave $669/mo cash flow. Total monthly income runs $2,993/mo, and annual cash flow reaches $8,028/yr on $111,053 cash to close. Return on cash invested measures 27.14% in year one, and rental yield registers 10.72% at a $335,000 basis. Equity gained on principal adds $2,162/yr, and annual property appreciation at 5% supports $92,554 by year five. Five-year ROI tracks 142.63% and total cumulative return in cash totals $158,396. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,993/mo property income relative to a $1,640/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2004
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60056, Mount Prospect, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,127 (100%) |
| Owner Occupied HU | 15,209 (65.8%) |
| Renter Occupied HU | 6,742 (29.2%) |
| Vacant Housing Units | 1,176 ( 5.1%) |
| Median Home Value | $381,904 |
| Average Home Value | $403,258 |
Housing Distribution
Address Breakdown
Residential
22,824
Single Family
14,590
Multi-Family
8,234
Businesses
1,390
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Petia Parvanova • Home Realty Group, Inc
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12471826