5625 Chesapeake Dr #5625McHenryIL60050
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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 McHenry at 5625 Chesapeake Dr #5625, McHenry, IL, 60050 offers a 10.76% rental yield on a $367,500 purchase with $3,296/mo rent. Total monthly income registers $3,296/mo, and a $1,799/mo payment leaves $747/mo available for distribution. Annual cash flow reaches $8,960/yr on $121,826 to close, and return on cash invested stands at 27.26% in year one. Equity gained on principal adds $2,371/yr while 5% annual appreciation supports $101,533 over five years. Portfolio math shows five-year ROI at 143.26% and total cumulative return in cash at $174,528. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,296/mo property income against a $1,799/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1990
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60050, Mchenry, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,660 (100%) |
| Owner Occupied HU | 9,861 (72.2%) |
| Renter Occupied HU | 3,161 (23.1%) |
| Vacant Housing Units | 638 ( 4.7%) |
| Median Home Value | $291,195 |
| Average Home Value | $308,084 |
Housing Distribution
Address Breakdown
Residential
13,357
Single Family
12,305
Multi-Family
1,052
Businesses
840
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