60 Bright Oaks Cir #1CaryIL60013
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
Investment Highlights
Rental property for sale in Cary at 60 Bright Oaks Cir #1, Cary, IL, 60013 priced at $200,000 converts $1,422/mo rent into $35/mo cash flow after a $979/mo obligation. Total monthly income equals $1,422/mo, and annual cash flow totals $416/yr on $66,300 invested. Return on cash invested prints 20.54% in year one, and rental yield reads 8.53% against a $200,000 entry. Equity gained on principal adds $1,291/yr, while 5% annual appreciation compiles into $55,256 by year five. Five-year ROI reaches 107.22% and total cumulative return in cash sums $71,084. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,422/mo property income covering a $979/mo payment, not borrower’s personal income.
Townhouse
Built in 1973
1,829 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60013, Cary, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,872 (100%) |
| Owner Occupied HU | 8,527 (86.4%) |
| Renter Occupied HU | 988 (10.0%) |
| Vacant Housing Units | 357 ( 3.6%) |
| Median Home Value | $359,620 |
| Average Home Value | $384,516 |
Housing Distribution
Address Breakdown
Residential
9,776
Single Family
9,575
Multi-Family
201
Businesses
552
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices