51 Old Oak Dr APT 414Buffalo GroveIL60089
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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 Buffalo Grove at 51 Old Oak Dr APT 414, Buffalo Grove, IL, 60089 uses $95,306 cash to close to unlock $8,748/yr annual cash flow and $729/mo monthly cash flow. Total monthly income runs $2,723/mo, and a $1,407/mo payment keeps the spread at $729/mo. Purchase price stands at $287,500, and rental yield measures 11.37% with $2,723/mo rent. Return on cash invested shows 29.09% in year one, and 5% annual appreciation builds toward $79,431 over five years. Five-year ROI reaches 153.09% and total cumulative return in cash records $145,907. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,723/mo property income covering a $1,407/mo payment rather than investor’s personal income.
Condo
Built in 1980
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60089, Buffalo Grove, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,428 (100%) |
| Owner Occupied HU | 13,591 (78.0%) |
| Renter Occupied HU | 3,161 (18.1%) |
| Vacant Housing Units | 676 ( 3.9%) |
| Median Home Value | $411,419 |
| Average Home Value | $435,801 |
Housing Distribution
Address Breakdown
Residential
16,998
Single Family
12,667
Multi-Family
4,331
Businesses
1,273
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Listed by: Talla Zhitnitsky • @properties Christie's International Real Estate
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12525549