515 S Chestnut AveArlington HeightsIL60005
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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 Arlington Heights at 515 S Chestnut Ave, Arlington Heights, IL, 60005 with 5% annual appreciation on a $1,625,000 basis while $6,073/mo rent supports operations. 52% in year one. Equity gained on principal adds $10,486/yr, and five-year appreciation sums $448,958 alongside rental yield of 4.48%. Five-year ROI measures 42.68% and total cumulative return in cash totals $224,728. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $6,073/mo property income versus a $7,954/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2026
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60005, Arlington Heights, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,644 (100%) |
| Owner Occupied HU | 9,002 (61.5%) |
| Renter Occupied HU | 4,565 (31.2%) |
| Vacant Housing Units | 1,077 ( 7.4%) |
| Median Home Value | $395,064 |
| Average Home Value | $430,121 |
Housing Distribution
Address Breakdown
Residential
13,911
Single Family
7,200
Multi-Family
6,711
Businesses
1,456
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Listed by: William Fisher • Compass
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12520542