602 Reese AveEast DundeeIL60118
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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 East Dundee at 602 Reese Ave, East Dundee, IL, 60118 earns $566/mo cash flow from $2,993/mo rent with a $1,713/mo payment. Total monthly income totals $2,993/mo, and annual cash flow totals $6,787/yr on $115,992 capital. ROI tracks 25.76% on current figures, and rental yield reads 10.26% at a $349,900 purchase. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,671 over five years. Five-year ROI reaches 135.21% and total cumulative return in cash sums $156,834. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,993/mo property income instead of your personal income.
Single Family
Built in 1969
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60118, Dundee, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,570 (100%) |
| Owner Occupied HU | 5,299 (70.0%) |
| Renter Occupied HU | 1,870 (24.7%) |
| Vacant Housing Units | 401 ( 5.3%) |
| Median Home Value | $371,955 |
| Average Home Value | $392,294 |
Housing Distribution
Address Breakdown
Residential
7,261
Single Family
6,047
Multi-Family
1,214
Businesses
852
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Listed by: Zarrick Stinson • Weichert Realtors - Tovar Properties
Mls Name: NorthWest Illinois Alliance of REALTORS
Mls Provider:
Mls ID: #202502712
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.