609 Cary Woods CirCaryIL60013
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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
Rental property for sale in Cary at 609 Cary Woods Cir, Cary, IL, 60013 generates $2,820/mo in rent and, after a $1,317/mo payment, leaves $869/mo in cash flow. Total monthly income is $2,820/mo, and annual cash flow is $10,428/yr on $89,207 invested. Return on cash invested sits at 31.6% in year one, and rental yield is 12.58% on a $269,100 entry. Equity gained on principal adds $1,736/yr, while 5% annual appreciation builds toward $74,347 over five years. Five-year ROI reaches 166.99% and total cumulative return in cash sums $148,963. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,820/mo property income rather than buyer’s personal income.
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
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