Carmel Plan, Pioneer OaksRingwoodIL60072
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
Investment Highlights
Rental property for sale in Ringwood at Carmel Plan, Pioneer Oaks, Ringwood, IL, 60072 offers $4,693/mo rent that, after a $3,245/mo payment, leaves $95/mo cash flow. Total monthly income is $4,693/mo, and annual cash flow is $1,135/yr on $218,094 cash. Return on cash invested measures 20.58% in year one, and rental yield stands at 8.5% at a $662,900 entry. Equity gained on principal adds $4,278/yr while 5% annual appreciation compounds into $183,147 by year five. Five-year ROI records 107.4% and total cumulative return in cash reaches $234,224. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,693/mo property income versus a $3,245/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60072, Ringwood, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 318 (100%) |
| Owner Occupied HU | 268 (84.3%) |
| Renter Occupied HU | 46 (14.5%) |
| Vacant Housing Units | 4 ( 1.3%) |
| Median Home Value | $414,737 |
| Average Home Value | $436,194 |
Housing Distribution
Address Breakdown
Residential
324
Single Family
324
Multi-Family
0
Businesses
126
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