631 S Springinsguth RdSchaumburgIL60193
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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 Schaumburg at 631 S Springinsguth Rd, Schaumburg, IL, 60193 priced at $387,000 pairs $3,240/mo rent with $556/mo cash flow after a $1,894/mo payment. Total monthly income equals $3,240/mo, and annual cash flow comes to $6,670/yr on $128,291 invested. Return on cash invested is 25.11% in year one, and rental yield stands at 10.05% on a $387,000 basis. Equity gained on principal adds $2,497/yr, and 5% annual appreciation accumulates to $106,921 by year five. Five-year ROI measures 131.69% and total cumulative return in cash reaches $168,950. For financing, Ziffy Mortgage’s DSCR program evaluates $3,240/mo property income against a $1,894/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1964
10,082 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60193, Schaumburg, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,832 (100%) |
| Owner Occupied HU | 12,720 (75.6%) |
| Renter Occupied HU | 3,448 (20.5%) |
| Vacant Housing Units | 664 ( 3.9%) |
| Median Home Value | $351,998 |
| Average Home Value | $371,050 |
Housing Distribution
Address Breakdown
Residential
16,611
Single Family
11,150
Multi-Family
5,461
Businesses
877
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Listed by: Omar Torres • Telequest Corp.
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12479529