515 Surrey Ridge DrCaryIL60013
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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 Cary at 515 Surrey Ridge Dr, Cary, IL, 60013 priced at $523,900 pairs $3,810/mo rent with $176/mo cash flow after a $2,564/mo payment. Total monthly income equals $3,810/mo, and annual cash flow comes to $2,116/yr on $172,363 invested. Return on cash invested is 21.29% in year one, and rental yield stands at 8.73% on a $523,900 basis. Equity gained on principal adds $3,381/yr, and 5% annual appreciation accumulates to $144,744 by year five. Five-year ROI measures 111.2% and total cumulative return in cash reaches $191,663. For financing, Ziffy Mortgage’s DSCR program evaluates $3,810/mo property income against a $2,564/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1989
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60013, Cary, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,872 (100%) |
| Owner Occupied HU | 8,527 (86.4%) |
| Renter Occupied HU | 988 (10.0%) |
| Vacant Housing Units | 357 ( 3.6%) |
| Median Home Value | $359,620 |
| Average Home Value | $384,516 |
Housing Distribution
Address Breakdown
Residential
9,776
Single Family
9,575
Multi-Family
201
Businesses
552
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