605 Barrington Ave APT 208East 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 605 Barrington Ave APT 208, East Dundee, IL, 60118 uses $51,714 cash to close to unlock $1,506/yr annual cash flow and $126/mo monthly cash flow. Total monthly income runs $1,208/mo, and a $764/mo payment keeps the spread at $126/mo. Purchase price stands at $156,000, and rental yield measures 9.29% with $1,208/mo rent. Return on cash invested shows 22.82% in year one, and 5% annual appreciation builds toward $43,100 over five years. Five-year ROI reaches 119.47% and total cumulative return in cash records $61,782. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,208/mo property income covering a $764/mo payment rather than investor’s personal income.
Condo
Built in 2000
N/A 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: Dee Gamble, CRS • Berkshire Hathaway HomeServices Starck Real Estate
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12554572