651 Virginia Rd APT 126Crystal LakeIL60014
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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 Crystal Lake at 651 Virginia Rd APT 126, Crystal Lake, IL, 60014 earns $194/mo cash flow from $1,529/mo rent with a $942/mo payment. Total monthly income totals $1,529/mo, and annual cash flow totals $2,328/yr on $63,814 capital. ROI tracks 23.56% on current figures, and rental yield reads 9.53% at a $192,500 purchase. Equity gained on principal adds $1,242/yr, and 5% annual appreciation supports $53,184 over five years. Five-year ROI reaches 123.39% and total cumulative return in cash sums $78,737. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,529/mo property income instead of your personal income.
Condo
Built in 1988
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60014, Crystal Lake, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,766 (100%) |
| Owner Occupied HU | 14,261 (76.0%) |
| Renter Occupied HU | 3,812 (20.3%) |
| Vacant Housing Units | 693 ( 3.7%) |
| Median Home Value | $342,930 |
| Average Home Value | $362,214 |
Housing Distribution
Address Breakdown
Residential
18,377
Single Family
16,184
Multi-Family
2,193
Businesses
1,699
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Listed by: Kimberly Vonderheide • O'Neil Property Group, LLC
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12550836