AVERY Plan, Grand Reserve - AlgonquinAlgonquinIL60102
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowListed at $355,990, gross rent is $3,000/mo and net cash flow is $531/mo, a 10.11% yield well above national averages. DSCR 1.87 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $98,353 by year five with $3,279/yr in annual principal reduction, projecting $170,334 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.1% | 6.0% |
| Monthly Cash Flow | $531 | $300 |
City averages based on Algonquin market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,000 |
| Total Monthly Debt Service | $2,328 |
| DSCR Ratio | 1.29x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No 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
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
Single Family
Built in 2025
N/A lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
