616 Parkside CirStreamwoodIL60107
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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 Streamwood at 616 Parkside Cir, Streamwood, IL, 60107 offers $3,494/mo rent that, after a $1,909/mo payment, leaves $789/mo cash flow. Total monthly income is $3,494/mo, and annual cash flow is $9,465/yr on $129,285 cash. Return on cash invested measures 27.23% in year one, and rental yield stands at 10.75% at a $390,000 entry. Equity gained on principal adds $2,517/yr while 5% annual appreciation compounds into $107,750 by year five. Five-year ROI records 143.08% and total cumulative return in cash reaches $184,976. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,494/mo property income versus a $1,909/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60107, Streamwood, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,510 (100%) |
| Owner Occupied HU | 10,924 (80.9%) |
| Renter Occupied HU | 2,125 (15.7%) |
| Vacant Housing Units | 461 ( 3.4%) |
| Median Home Value | $272,865 |
| Average Home Value | $298,226 |
Housing Distribution
Address Breakdown
Residential
13,527
Single Family
12,897
Multi-Family
630
Businesses
667
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Listed by: Claudia Velez Trujillo • Moonkeys Real Estate Corp
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12521866