11 Highview AveFox 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
Investment property for sale in Fox Lake at 11 Highview Ave, Fox Lake, IL, 60020 uses $82,875 cash to close to unlock $607/yr annual cash flow and $51/mo monthly cash flow. Total monthly income runs $1,785/mo, and a $1,224/mo payment keeps the spread at $51/mo. Purchase price stands at $250,000, and rental yield measures 8.57% with $1,785/mo rent. Return on cash invested shows 20.64% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 107.75% and total cumulative return in cash records $89,302. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,785/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Single Family
Built in 1957
7,492 sqft 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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