624 Breakers Point #624SchaumburgIL60194
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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 Schaumburg at 624 Breakers Point #624, Schaumburg, IL, 60194 earns $564/mo cash flow from $2,436/mo rent with a $1,321/mo payment. Total monthly income totals $2,436/mo, and annual cash flow totals $6,767/yr on $89,472 capital. ROI tracks 27.47% on current figures, and rental yield reads 10.83% at a $269,900 purchase. Equity gained on principal adds $1,742/yr, and 5% annual appreciation supports $74,568 over five years. Five-year ROI reaches 144.37% and total cumulative return in cash sums $129,174. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,436/mo property income instead of your personal income.
Condo
Built in 1977
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60194, Schaumburg, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,267 (100%) |
| Owner Occupied HU | 5,807 (70.2%) |
| Renter Occupied HU | 2,052 (24.8%) |
| Vacant Housing Units | 408 ( 4.9%) |
| Median Home Value | $333,292 |
| Average Home Value | $348,916 |
Housing Distribution
Address Breakdown
Residential
8,158
Single Family
6,509
Multi-Family
1,649
Businesses
341
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Listed by: Stephen Zidek • Grandview Realty LLC
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12543516