111 E Laurel AveLake ForestIL60045
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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 Lake Forest at 111 E Laurel Ave, Lake Forest, IL, 60045 priced at $825,000 pairs $5,760/mo rent with $38/mo cash flow after a $4,038/mo payment. Total monthly income equals $5,760/mo, and annual cash flow comes to $451/yr on $271,425 invested. Return on cash invested is 20.23% in year one, and rental yield stands at 8.38% on a $825,000 basis. Equity gained on principal adds $5,324/yr, and 5% annual appreciation accumulates to $227,932 by year five. Five-year ROI measures 105.5% and total cumulative return in cash reaches $286,353. For financing, Ziffy Mortgage’s DSCR program evaluates $5,760/mo property income against a $4,038/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1995
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60045, Lake Forest, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,454 (100%) |
| Owner Occupied HU | 6,675 (79.0%) |
| Renter Occupied HU | 1,030 (12.2%) |
| Vacant Housing Units | 749 ( 8.9%) |
| Median Home Value | $893,908 |
| Average Home Value | $1,015,890 |
Housing Distribution
Address Breakdown
Residential
8,147
Single Family
7,248
Multi-Family
899
Businesses
890
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Listed by: Kiki Clark, E-PRO • Jameson Sotheby's International Realty
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12472965