6116 Running Iron DrCrystal LakeIL60012
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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 Crystal Lake at 6116 Running Iron Dr, Crystal Lake, IL, 60012 listed at $415,000 pairs $3,412/mo rent with a $2,031/mo payment to leave $534/mo cash flow. Total monthly income runs $3,412/mo, and annual cash flow reaches $6,404/yr on $137,573 cash to close. Return on cash invested measures 24.56% in year one, and rental yield registers 9.87% at a $415,000 basis. Equity gained on principal adds $2,678/yr, and annual property appreciation at 5% supports $114,657 by year five. Five-year ROI tracks 128.78% and total cumulative return in cash totals $177,165. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,412/mo property income relative to a $2,031/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1971
0.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60012, Crystal Lake, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,498 (100%) |
| Owner Occupied HU | 3,842 (85.4%) |
| Renter Occupied HU | 483 (10.7%) |
| Vacant Housing Units | 173 ( 3.8%) |
| Median Home Value | $413,115 |
| Average Home Value | $454,064 |
Housing Distribution
Address Breakdown
Residential
4,334
Single Family
4,128
Multi-Family
206
Businesses
194
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Listed by: Miranda Alt • Keller Williams Success Realty
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12541340