84 S Caroline StCrystal 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 84 S Caroline St, Crystal Lake, IL, 60014 with 5% annual appreciation on a $380,000 basis while $2,708/mo rent supports operations. Total monthly income totals $2,708/mo and a $1,860/mo payment preserves $72/mo for cash returns. Annual cash flow comes to $866/yr on $125,970 deployed, and return on cash invested reaches 20.6% in year one. Equity gained on principal adds $2,452/yr, and five-year appreciation sums $104,987 alongside rental yield of 8.55%. Five-year ROI measures 107.53% and total cumulative return in cash totals $135,457.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,708/mo property income versus a $1,860/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1910
7,862 sqft 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: Holland Hames • Compass
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12504741