929 Buccaneer Dr APT 2SchaumburgIL60173
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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 Schaumburg at 929 Buccaneer Dr APT 2, Schaumburg, IL, 60173 generates $2,563/mo in rent and, after a $1,281/mo payment, leaves $312/mo in cash flow. Total monthly income is $2,563/mo, and annual cash flow is $3,750/yr on $86,787 invested. Return on cash invested sits at 24.23% in year one, and rental yield is 11.75% on a $261,800 entry. Equity gained on principal adds $1,689/yr, while 5% annual appreciation builds toward $72,331 over five years. Five-year ROI reaches 129.21% and total cumulative return in cash sums $112,135. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,563/mo property income rather than buyer’s personal income.
Condo
Built in 1951
2.09 Acres lot
$N/A/sqft
$435 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60173, Schaumburg, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,575 (100%) |
| Owner Occupied HU | 2,527 (33.4%) |
| Renter Occupied HU | 4,437 (58.6%) |
| Vacant Housing Units | 611 ( 8.1%) |
| Median Home Value | $455,728 |
| Average Home Value | $452,807 |
Housing Distribution
Address Breakdown
Residential
7,256
Single Family
2,359
Multi-Family
4,897
Businesses
2,042
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