725 W Huntington Commons Rd APT 416Mount ProspectIL60056
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors who treat current yield as secondary to long-run equity growth will find 725 W Huntington Commons Rd APT 416, Mount Prospect, IL, 60056 in Mount Prospect worth modelling. At $205,000 with a 10.84% gross yield, the $1,852/mo rent leaves $171/mo after the $922/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 2.01 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $56,638 by year five; $1,888/yr in principal reduction adds further equity. Total projected return: $106,089.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.8% | 6.5% |
| Monthly Cash Flow | $171 | $400 |
City averages based on Mount Prospect market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,852 |
| Total Monthly Debt Service | $1,340 |
| DSCR Ratio | 1.38x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1977
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60056, Mount Prospect, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,127 (100%) |
| Owner Occupied HU | 15,209 (65.8%) |
| Renter Occupied HU | 6,742 (29.2%) |
| Vacant Housing Units | 1,176 ( 5.1%) |
| Median Home Value | $381,904 |
| Average Home Value | $403,258 |
Housing Distribution
Address Breakdown
Residential
22,824
Single Family
14,590
Multi-Family
8,234
Businesses
1,390
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
Condo
Built in 1977
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60056, Mount Prospect, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,127 (100%) |
| Owner Occupied HU | 15,209 (65.8%) |
| Renter Occupied HU | 6,742 (29.2%) |
| Vacant Housing Units | 1,176 ( 5.1%) |
| Median Home Value | $381,904 |
| Average Home Value | $403,258 |
Housing Distribution
Address Breakdown
Residential
22,824
Single Family
14,590
Multi-Family
8,234
Businesses
1,390
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12610547