972 Old Oak CirAlgonquinIL60102
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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 Algonquin at 972 Old Oak Cir, Algonquin, IL, 60102 priced at $259,500 pairs $2,411/mo rent with $351/mo cash flow after a $1,270/mo payment. Total monthly income equals $2,411/mo, and annual cash flow comes to $4,214/yr on $86,024 invested. Return on cash invested is 24.81% in year one, and rental yield stands at 11.15% on a $259,500 basis. Equity gained on principal adds $1,675/yr, and 5% annual appreciation accumulates to $71,695 by year five. Five-year ROI measures 131.45% and total cumulative return in cash reaches $113,081. For financing, Ziffy Mortgage’s DSCR program evaluates $2,411/mo property income against a $1,270/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1990
1,800 sqft lot
$N/A/sqft
$260 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60102, Algonquin, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,327 (100%) |
| Owner Occupied HU | 10,456 (84.8%) |
| Renter Occupied HU | 1,483 (12.0%) |
| Vacant Housing Units | 388 ( 3.1%) |
| Median Home Value | $350,876 |
| Average Home Value | $359,616 |
Housing Distribution
Address Breakdown
Residential
12,320
Single Family
11,820
Multi-Family
500
Businesses
961
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Listed by: Karen Goins • RE/MAX Suburban
Mls Name: MRED as distributed by MLS GRID
Mls Provider:
Mls ID: #12181769
Disclaimer: Based on information submitted to the MLS GRID as of 2024-02-07 09:06:36 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/info/mls-disclaimers/#mls_17)