5300 Carriageway DrRolling MeadowsIL60008
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowAt $185,100, 5300 Carriageway Dr, Rolling Meadows, IL, 60008 in Rolling Meadows generates $1,858/mo in rent (12.06% yield) but nets only $141/mo after debt service. The spread is thin, manageable for investors comfortable with low-margin holds who are buying into the 5% annual appreciation thesis. Ziffy Mortgage's DSCR loan (2.23) allows non-U.S. residents to acquire without personal income checks. A larger down payment reduces the monthly debt load and widens the margin. Five-year appreciation: $51,140. Total projected return: $86,078.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.1% | 6.5% |
| Monthly Cash Flow | $141 | $300 |
City averages based on Rolling Meadows market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,858 |
| Total Monthly Debt Service | $1,572 |
| DSCR Ratio | 1.18x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1976
0.48 Acres lot
$N/A/sqft
$362 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60008, Rolling Meadows, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,303 (100%) |
| Owner Occupied HU | 6,551 (70.4%) |
| Renter Occupied HU | 2,302 (24.7%) |
| Vacant Housing Units | 450 ( 4.8%) |
| Median Home Value | $312,891 |
| Average Home Value | $351,080 |
Housing Distribution
Address Breakdown
Residential
9,057
Single Family
5,921
Multi-Family
3,136
Businesses
975
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1976
0.48 Acres lot
$N/A/sqft
$362 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60008, Rolling Meadows, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,303 (100%) |
| Owner Occupied HU | 6,551 (70.4%) |
| Renter Occupied HU | 2,302 (24.7%) |
| Vacant Housing Units | 450 ( 4.8%) |
| Median Home Value | $312,891 |
| Average Home Value | $351,080 |
Housing Distribution
Address Breakdown
Residential
9,057
Single Family
5,921
Multi-Family
3,136
Businesses
975
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A