740 Saint Andrews Ln APT 21Crystal 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
Rental property for sale in Crystal Lake at 740 Saint Andrews Ln APT 21, Crystal Lake, IL, 60014 generates $2,074/mo in rent and, after a $978/mo payment, leaves $688/mo in cash flow. Total monthly income is $2,074/mo, and annual cash flow is $8,254/yr on $66,267 invested. Return on cash invested sits at 32.37% in year one, and rental yield is 12.45% on a $199,900 entry. Equity gained on principal adds $1,290/yr, while 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 170.62% and total cumulative return in cash sums $113,065. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,074/mo property income rather than buyer’s personal income.
Condo
Built in 1975
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: Ivan Santos • O'Neil Property Group, LLC
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12524387