1040 Wimbledon DrIsland LakeIL60042
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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 Island Lake at 1040 Wimbledon Dr, Island Lake, IL, 60042 earns $615/mo cash flow from $3,112/mo rent with a $1,762/mo payment. Total monthly income totals $3,112/mo, and annual cash flow totals $7,382/yr on $119,307 capital. ROI tracks 26.1% on current figures, and rental yield reads 10.38% at a $359,900 purchase. Equity gained on principal adds $2,322/yr, and 5% annual appreciation supports $99,434 over five years. Five-year ROI reaches 137.03% and total cumulative return in cash sums $163,490. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,112/mo property income instead of your personal income.
Single Family
Built in 1989
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60042, Island Lake, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,413 (100%) |
| Owner Occupied HU | 2,735 (80.1%) |
| Renter Occupied HU | 531 (15.6%) |
| Vacant Housing Units | 147 ( 4.3%) |
| Median Home Value | $289,221 |
| Average Home Value | $343,294 |
Housing Distribution
Address Breakdown
Residential
3,352
Single Family
3,352
Multi-Family
0
Businesses
172
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Listed by: Sean Ryan • Ryan and Company REALTORS, Inc
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12460954