501 Apache AveCarpentersvilleIL60110
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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 Carpentersville at 501 Apache Ave, Carpentersville, IL, 60110 with 5% annual appreciation on a $260,000 basis while $1,794/mo rent supports operations. 77% in year one. Equity gained on principal adds $1,678/yr, and five-year appreciation sums $71,833 alongside rental yield of 8.28%. Five-year ROI measures 103.15% and total cumulative return in cash totals $88,901. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,794/mo property income versus a $1,273/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60110, Carpentersville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,186 (100%) |
| Owner Occupied HU | 8,450 (69.3%) |
| Renter Occupied HU | 3,466 (28.4%) |
| Vacant Housing Units | 270 ( 2.2%) |
| Median Home Value | $249,542 |
| Average Home Value | $318,403 |
Housing Distribution
Address Breakdown
Residential
11,841
Single Family
11,072
Multi-Family
769
Businesses
474
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Listed by: Kathryn Festen, ABR,e-PRO,PSA,RENE,SRES,SRS • Compass
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12518618