112 3rd StLibertyvilleIL60048
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderReliable and efficiently structured, 112 3rd St, Libertyville, IL, 60048 in Libertyville is a conservative rental investment at $755,000. Rental yield 7.92%. A 1.47 coverage ratio meets Ziffy Mortgage's DSCR standard for foreign-national financing. Five-year equity: 5% appreciation adds $208,593; $6,954/yr in principal paydown supplements. Total projected return: $272,222.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.9% | 5.0% |
| Monthly Cash Flow | $(257) | $300 |
City averages based on Libertyville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,980 |
| Total Monthly Debt Service | $4,936 |
| DSCR Ratio | 1.01x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1900
7,492 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60048, Libertyville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,245 (100%) |
| Owner Occupied HU | 9,528 (77.8%) |
| Renter Occupied HU | 1,870 (15.3%) |
| Vacant Housing Units | 847 ( 6.9%) |
| Median Home Value | $552,210 |
| Average Home Value | $614,286 |
Housing Distribution
Address Breakdown
Residential
11,255
Single Family
9,750
Multi-Family
1,505
Businesses
1,599
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1900
7,492 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60048, Libertyville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,245 (100%) |
| Owner Occupied HU | 9,528 (77.8%) |
| Renter Occupied HU | 1,870 (15.3%) |
| Vacant Housing Units | 847 ( 6.9%) |
| Median Home Value | $552,210 |
| Average Home Value | $614,286 |
Housing Distribution
Address Breakdown
Residential
11,255
Single Family
9,750
Multi-Family
1,505
Businesses
1,599
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Leslie McDonnell • RE/MAX Suburban
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12455902