924 Surrey Dr APT 1ASchaumburgIL60193
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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 Schaumburg at 924 Surrey Dr APT 1A, Schaumburg, IL, 60193 earns $711/mo cash flow from $2,645/mo rent with a $1,365/mo payment. Total monthly income totals $2,645/mo, and annual cash flow totals $8,527/yr on $92,455 capital. ROI tracks 29.13% on current figures, and rental yield reads 11.38% at a $278,900 purchase. Equity gained on principal adds $1,800/yr, and 5% annual appreciation supports $77,055 over five years. Five-year ROI reaches 153.3% and total cumulative return in cash sums $141,731. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,645/mo property income instead of your personal income.
Condo
Built in 1979
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60193, Schaumburg, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,832 (100%) |
| Owner Occupied HU | 12,720 (75.6%) |
| Renter Occupied HU | 3,448 (20.5%) |
| Vacant Housing Units | 664 ( 3.9%) |
| Median Home Value | $351,998 |
| Average Home Value | $371,050 |
Housing Distribution
Address Breakdown
Residential
16,611
Single Family
11,150
Multi-Family
5,461
Businesses
877
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Listed by: Andrew Orzechowski • Tatry Realty LLC
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12504095