516 S 1st StWest DundeeIL60118
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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 West Dundee at 516 S 1st St, West Dundee, IL, 60118 listed at $475,000 pairs $4,626/mo rent with a $2,325/mo payment to leave $1,331/mo cash flow. Total monthly income runs $4,626/mo, and annual cash flow reaches $15,974/yr on $157,463 cash to close. Return on cash invested measures 30.05% in year one, and rental yield registers 11.69% at a $475,000 basis. Equity gained on principal adds $3,065/yr, and annual property appreciation at 5% supports $131,234 by year five. Five-year ROI tracks 158.24% and total cumulative return in cash totals $249,163. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,626/mo property income relative to a $2,325/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1984
8,999 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60118, Dundee, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,570 (100%) |
| Owner Occupied HU | 5,299 (70.0%) |
| Renter Occupied HU | 1,870 (24.7%) |
| Vacant Housing Units | 401 ( 5.3%) |
| Median Home Value | $371,955 |
| Average Home Value | $392,294 |
Housing Distribution
Address Breakdown
Residential
7,261
Single Family
6,047
Multi-Family
1,214
Businesses
852
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Listed by: Cynthia Kennedy • Baird & Warner
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12482505