6415 Grassmere LnCarpentersvilleIL60110
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 Carpentersville at 6415 Grassmere Ln, Carpentersville, IL, 60110 earns $348/mo cash flow from $3,955/mo rent with a $2,545/mo payment. Total monthly income totals $3,955/mo, and annual cash flow totals $4,180/yr on $171,080 capital. ROI tracks 22.5% on current figures, and rental yield reads 9.13% at a $520,000 purchase. Equity gained on principal adds $3,355/yr, and 5% annual appreciation supports $143,666 over five years. Five-year ROI reaches 117.72% and total cumulative return in cash sums $201,395. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,955/mo property income instead of your personal income.
Single Family
Built in 2000
8,842 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60110, Carpentersville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,186 (100%) |
| Owner Occupied HU | 8,450 (69.3%) |
| Renter Occupied HU | 3,466 (28.4%) |
| Vacant Housing Units | 270 ( 2.2%) |
| Median Home Value | $249,542 |
| Average Home Value | $318,403 |
Housing Distribution
Address Breakdown
Residential
11,841
Single Family
11,072
Multi-Family
769
Businesses
474
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Listed by: Sheila Wollmuth • Compass
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12460186