1 Lakeside LnFox LakeIL60020
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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 Fox Lake at 1 Lakeside Ln, Fox Lake, IL, 60020 offers $2,250/mo rent that, after a $3,706/mo payment. Total monthly income is $2,250/mo. Return on cash invested measures 2.81% in year one, and rental yield stands at 3.57% at a $757,100 entry. Equity gained on principal adds $4,885/yr while 5% annual appreciation compounds into $209,173 by year five. Five-year ROI records 13.12% and total cumulative return in cash reaches $32,691. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,250/mo property income versus a $3,706/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1950
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60020, Fox Lake, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,686 (100%) |
| Owner Occupied HU | 3,560 (62.6%) |
| Renter Occupied HU | 1,446 (25.4%) |
| Vacant Housing Units | 680 (12.0%) |
| Median Home Value | $274,201 |
| Average Home Value | $328,237 |
Housing Distribution
Address Breakdown
Residential
5,603
Single Family
4,860
Multi-Family
743
Businesses
342
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