(Undisclosed Address)CarpentersvilleIL60110
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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 Carpentersville at (Undisclosed Address), Carpentersville, IL, 60110 priced at $195,000 converts $1,506/mo rent into $154/mo cash flow after a $954/mo obligation. Total monthly income equals $1,506/mo, and annual cash flow totals $1,846/yr on $64,643 invested. Return on cash invested prints 22.77% in year one, and rental yield reads 9.27% against a $195,000 entry. Equity gained on principal adds $1,258/yr, while 5% annual appreciation compiles into $53,875 by year five. Five-year ROI reaches 119.14% and total cumulative return in cash sums $77,014. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,506/mo property income covering a $954/mo payment, not borrower’s personal income.
Condo
Built in 2004
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60110, Carpentersville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,186 (100%) |
| Owner Occupied HU | 8,450 (69.3%) |
| Renter Occupied HU | 3,466 (28.4%) |
| Vacant Housing Units | 270 ( 2.2%) |
| Median Home Value | $249,542 |
| Average Home Value | $318,403 |
Housing Distribution
Address Breakdown
Residential
11,841
Single Family
11,072
Multi-Family
769
Businesses
474
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
No similar price properties found nearby.
Listed by: Katie Holmes • Keller Williams Success Realty
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12516743