609 Cary Woods CirCaryIL60013
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 609 Cary Woods Cir, Cary, IL, 60013 in Cary deserves attention. This $269,100 property earns $2,820/mo in rent, a 12.58% gross yield, and nets $869/mo after the $1,210/mo payment. DSCR 2.33 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $74,347 compounds alongside $2,478/yr in yearly equity build, for a total cumulative return of $159,261.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.6% | 6.5% |
| Monthly Cash Flow | $869 | $300 |
City averages based on Cary market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,820 |
| Total Monthly Debt Service | $1,844 |
| DSCR Ratio | 1.53x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2004
N/A 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
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
Condo
Built in 2004
N/A 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