585 Newark Ln, Hoffman Estates, IL, 60169 | $663/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Hoffman Estates at 585 Newark Ln, Hoffman Estates, IL, 60169 priced at $375,000 converts $3,264/mo rent into $663/mo cash flow after a $1,835/mo obligation. Total monthly income equals $3,264/mo, and annual cash flow totals $7,960/yr on $124,313 invested. Return on cash invested prints 26.31% in year one, and rental yield reads 10.44% against a $375,000 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation compiles into $103,606 by year five. Five-year ROI reaches 138.18% and total cumulative return in cash sums $171,771. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,264/mo property income covering a $1,835/mo payment, not borrower’s personal income.

Single Family

Built in 1961

0.28 Acres lot

$N/A/sqft

No HOA