981 Golf Course Rd APT 2, Crystal Lake, IL, 60014 | $133/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 Crystal Lake at 981 Golf Course Rd APT 2, Crystal Lake, IL, 60014 offers a 9.12% rental yield on a $199,900 purchase with $1,519/mo rent. Total monthly income registers $1,519/mo, and a $978/mo payment leaves $133/mo available for distribution. Annual cash flow reaches $1,594/yr on $66,267 to close, and return on cash invested stands at 22.32% in year one. Equity gained on principal adds $1,290/yr while 5% annual appreciation supports $55,229 over five years. Portfolio math shows five-year ROI at 116.71% and total cumulative return in cash at $77,341. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,519/mo property income against a $978/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1979

N/A lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 60014, Crystal Lake, IL area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	18,766 (100%)
Owner Occupied HU	14,261 (76.0%)
Renter Occupied HU	3,812 (20.3%)
Vacant Housing Units	693 ( 3.7%)
Median Home Value	$342,930
Average Home Value	$362,214