946 W Arlington LnCreteIL60417
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Crete at 946 W Arlington Ln, Crete, IL, 60417 uses $99,386 cash to close to unlock $299/yr annual cash flow and $25/mo monthly cash flow. Total monthly income runs $2,104/mo, and a $1,467/mo payment keeps the spread at $25/mo. Purchase price stands at $299,808, and rental yield measures 8.42% with $2,104/mo rent. Return on cash invested shows 20.21% in year one, and 5% annual appreciation builds toward $82,831 over five years. Five-year ROI reaches 105.43% and total cumulative return in cash records $104,784. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,104/mo property income covering a $1,467/mo payment rather than investor’s personal income.
Single Family
Built in 1961
0.94 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60417, Crete, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,162 (100%) |
| Owner Occupied HU | 5,085 (82.5%) |
| Renter Occupied HU | 807 (13.1%) |
| Vacant Housing Units | 270 ( 4.4%) |
| Median Home Value | $288,203 |
| Average Home Value | $341,922 |
Housing Distribution
Address Breakdown
Residential
6,066
Single Family
5,902
Multi-Family
164
Businesses
428
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices