612 Legend LnMcHenryIL60050
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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 McHenry at 612 Legend Ln, McHenry, IL, 60050 offers $2,978/mo rent that, after a $1,444/mo payment, leaves $612/mo cash flow. Total monthly income is $2,978/mo, and annual cash flow is $7,340/yr on $97,793 cash. Return on cash invested measures 27.41% in year one, and rental yield stands at 12.11% at a $295,000 entry. Equity gained on principal adds $1,904/yr while 5% annual appreciation compounds into $81,503 by year five. Five-year ROI records 145.5% and total cumulative return in cash reaches $142,286. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,978/mo property income versus a $1,444/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2004
N/A lot
$N/A/sqft
$306 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60050, Mchenry, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,660 (100%) |
| Owner Occupied HU | 9,861 (72.2%) |
| Renter Occupied HU | 3,161 (23.1%) |
| Vacant Housing Units | 638 ( 4.7%) |
| Median Home Value | $291,195 |
| Average Home Value | $308,084 |
Housing Distribution
Address Breakdown
Residential
13,357
Single Family
12,305
Multi-Family
1,052
Businesses
840
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Listed by: David Larson • Keller Williams Realty Signature
Mls Name: NorthWest Illinois Alliance of REALTORS
Mls Provider:
Mls ID: #202502252
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.