9821 Bianco Ter APT ADes PlainesIL60016
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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
Investment property for sale in Des Plaines at 9821 Bianco Ter APT A, Des Plaines, IL, 60016 offers a 9.54% rental yield on a $190,000 purchase with $1,510/mo rent. Total monthly income registers $1,510/mo, and a $930/mo payment leaves $192/mo available for distribution. Annual cash flow reaches $2,305/yr on $62,985 to close, and return on cash invested stands at 23.57% in year one. Equity gained on principal adds $1,226/yr while 5% annual appreciation supports $52,494 over five years. Portfolio math shows five-year ROI at 123.53% and total cumulative return in cash at $77,808. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,510/mo property income against a $930/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1977
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 |
Housing Distribution
Address Breakdown
Residential
25,701
Single Family
12,431
Multi-Family
13,270
Businesses
1,198
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Listed by: Barry Newman, ABR,CRS • eXp Realty
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12470398