823 Jessie RdAlgonquinIL60156
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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 Algonquin at 823 Jessie Rd, Algonquin, IL, 60156 priced at $279,800 pairs $1,903/mo rent with after a $1,369/mo payment. Total monthly income equals $1,903/mo. Return on cash invested is 19.43% in year one, and rental yield stands at 8.16% on a $279,800 basis. Equity gained on principal adds $1,806/yr, and 5% annual appreciation accumulates to $77,304 by year five. Five-year ROI measures 101.26% and total cumulative return in cash reaches $93,918. For financing, Ziffy Mortgage’s DSCR program evaluates $1,903/mo property income against a $1,369/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1976
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60156, Lake In The Hills, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,299 (100%) |
| Owner Occupied HU | 8,711 (84.6%) |
| Renter Occupied HU | 1,327 (12.9%) |
| Vacant Housing Units | 261 ( 2.5%) |
| Median Home Value | $319,143 |
| Average Home Value | $336,379 |
Housing Distribution
Address Breakdown
Residential
10,224
Single Family
9,692
Multi-Family
532
Businesses
459
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