9420 Bay Colony Dr APT 2E, Des Plaines, IL, 60016 | $52/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Des Plaines at 9420 Bay Colony Dr APT 2E, Des Plaines, IL, 60016 listed at $230,000 pairs $1,648/mo rent with a $1,126/mo payment to leave $52/mo cash flow. Total monthly income runs $1,648/mo, and annual cash flow reaches $629/yr on $76,245 cash to close. Return on cash invested measures 20.73% in year one, and rental yield registers 8.6% at a $230,000 basis. Equity gained on principal adds $1,484/yr, and annual property appreciation at 5% supports $63,545 by year five. Five-year ROI tracks 108.28% and total cumulative return in cash totals $82,555. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,648/mo property income relative to a $1,126/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 1974

N/A lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 60016, Des Plaines, IL area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	26,341 (100%)
Owner Occupied HU	16,181 (61.4%)
Renter Occupied HU	8,194 (31.1%)
Vacant Housing Units	1,966 ( 7.5%)
Median Home Value	$323,180
Average Home Value	$335,747