540 Harvard AveBarringtonIL60010
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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 Barrington at 540 Harvard Ave, Barrington, IL, 60010 priced at $1,150,000 converts $4,159/mo rent into after a $5,629/mo obligation. Total monthly income equals $4,159/mo. Return on cash invested prints 8.07% in year one, and rental yield reads 4.34% against a $1,150,000 entry. Equity gained on principal adds $7,421/yr, while 5% annual appreciation compiles into $317,724 by year five. Five-year ROI reaches 40.29% and total cumulative return in cash sums $150,129. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,159/mo property income covering a $5,629/mo payment, not borrower’s personal income.
Single Family
Built in 2001
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60010, Barrington, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,812 (100%) |
| Owner Occupied HU | 14,919 (83.8%) |
| Renter Occupied HU | 1,694 ( 9.5%) |
| Vacant Housing Units | 1,199 ( 6.7%) |
| Median Home Value | $589,658 |
| Average Home Value | $678,718 |
Housing Distribution
Address Breakdown
Residential
17,976
Single Family
16,738
Multi-Family
1,238
Businesses
1,484
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Listed by: John Morrison, SFR • @properties Christie's International Real Estate
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12443544