958 Inverrary Ln #958DeerfieldIL60015
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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 Deerfield at 958 Inverrary Ln #958, Deerfield, IL, 60015 generates $1,632/mo in rent and, after a $1,125/mo payment, leaves $38/mo in cash flow. Total monthly income is $1,632/mo, and annual cash flow is $451/yr on $76,216 invested. Return on cash invested sits at 20.5% in year one, and rental yield is 8.52% on a $229,913 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation builds toward $63,521 over five years. Five-year ROI reaches 107.01% and total cumulative return in cash sums $81,555. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,632/mo property income rather than buyer’s personal income.
Condo
Built in 1976
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60015, Deerfield, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,325 (100%) |
| Owner Occupied HU | 8,330 (80.7%) |
| Renter Occupied HU | 1,545 (15.0%) |
| Vacant Housing Units | 450 ( 4.4%) |
| Median Home Value | $617,589 |
| Average Home Value | $693,674 |
Housing Distribution
Address Breakdown
Residential
10,430
Single Family
9,027
Multi-Family
1,403
Businesses
1,195
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