760 Canterbury LnPingree GroveIL60140
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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 Pingree Grove at 760 Canterbury Ln, Pingree Grove, IL, 60140 listed at $430,000 pairs $3,685/mo rent with a $2,105/mo payment to leave $702/mo cash flow. Total monthly income runs $3,685/mo, and annual cash flow reaches $8,425/yr on $142,545 cash to close. Return on cash invested measures 25.82% in year one, and rental yield registers 10.28% at a $430,000 basis. Equity gained on principal adds $2,775/yr, and annual property appreciation at 5% supports $118,801 by year five. Five-year ROI tracks 135.55% and total cumulative return in cash totals $193,215. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,685/mo property income relative to a $2,105/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2007
6,970 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60140, Hampshire, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,359 (100%) |
| Owner Occupied HU | 7,944 (84.9%) |
| Renter Occupied HU | 950 (10.2%) |
| Vacant Housing Units | 465 ( 5.0%) |
| Median Home Value | $362,049 |
| Average Home Value | $378,568 |
Housing Distribution
Address Breakdown
Residential
8,640
Single Family
8,637
Multi-Family
3
Businesses
327
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Nearby investment properties with comparable prices
Listed by: Kathleen Blackwell • Inspire Realty Group
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12464742