62 Andover CirNorthbrookIL60062
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
Investment Highlights
Investment property for sale in Northbrook at 62 Andover Cir, Northbrook, IL, 60062 at $600,000 posts ROI 23.99% with $647/mo cash flow from $5,324/mo rent. Total monthly income equals $5,324/mo, and annual cash flow records $7,764/yr on $197,400 to close. Return on cash invested measures 23.99% and rental yield reads 10.65% at the current $600,000. Equity gained on principal adds $3,872/yr, and 5% annual appreciation supports $165,769 by year five. Five-year ROI prints 126.82% and total cumulative return in cash totals $250,344.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,324/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 1999
2,992 sqft lot
$N/A/sqft
$515 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60062, Northbrook, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,143 (100%) |
| Owner Occupied HU | 13,725 (75.6%) |
| Renter Occupied HU | 3,072 (16.9%) |
| Vacant Housing Units | 1,346 ( 7.4%) |
| Median Home Value | $602,714 |
| Average Home Value | $674,682 |
Housing Distribution
Address Breakdown
Residential
17,656
Single Family
12,879
Multi-Family
4,777
Businesses
2,233
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Nearby investment properties with comparable prices
Listed by: Collin Wasiak • Compass
Mls Name: MRED as distributed by MLS GRID
Mls Provider:
Mls ID: #12357750
Disclaimer: Based on information submitted to the MLS GRID as of 2025. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#17)