928 Longmeadow Ct #1016BarringtonIL60010
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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 Barrington at 928 Longmeadow Ct #1016, Barrington, IL, 60010 earns $60/mo cash flow from $2,523/mo rent with a $1,738/mo payment. Total monthly income totals $2,523/mo, and annual cash flow totals $722/yr on $117,683 capital. ROI tracks 20.52% on current figures, and rental yield reads 8.53% at a $355,000 purchase. Equity gained on principal adds $2,291/yr, and 5% annual appreciation supports $98,080 over five years. Five-year ROI reaches 107.14% and total cumulative return in cash sums $126,084. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,523/mo property income instead of your personal income.
Townhouse
Built in 1983
1,660 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60010, Barrington, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,812 (100%) |
| Owner Occupied HU | 14,919 (83.8%) |
| Renter Occupied HU | 1,694 ( 9.5%) |
| Vacant Housing Units | 1,199 ( 6.7%) |
| Median Home Value | $589,658 |
| Average Home Value | $678,718 |
Housing Distribution
Address Breakdown
Residential
17,976
Single Family
16,738
Multi-Family
1,238
Businesses
1,484
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Listed by: Jeffrey Taylor • RE/MAX Properties Northwest
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12495870