740 Saint Andrews Ln APT 5Crystal 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 740 Saint Andrews Ln APT 5, Crystal Lake, IL, 60014 offers a 8.49% rental yield on a $224,900 purchase with $1,591/mo rent. Total monthly income registers $1,591/mo, and a $1,101/mo payment leaves $31/mo available for distribution. Annual cash flow reaches $370/yr on $74,554 to close, and return on cash invested stands at 20.41% in year one. Equity gained on principal adds $1,451/yr while 5% annual appreciation supports $62,136 over five years. Portfolio math shows five-year ROI at 106.49% and total cumulative return in cash at $79,393. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,591/mo property income against a $1,101/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
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: Marj Carpenter • RE/MAX Suburban
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12414977