112 Hazel CtIsland 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 112 Hazel Ct, Island Lake, IL, 60042 listed at $196,000 pairs $1,550/mo rent with a $959/mo payment to leave $191/mo cash flow. Total monthly income runs $1,550/mo, and annual cash flow reaches $2,290/yr on $64,974 cash to close. Return on cash invested measures 23.43% in year one, and rental yield registers 9.49% at a $196,000 basis. Equity gained on principal adds $1,265/yr, and annual property appreciation at 5% supports $54,151 by year five. Five-year ROI tracks 122.73% and total cumulative return in cash totals $79,740. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,550/mo property income relative to a $959/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
5,998 sqft 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: Daniel Adams • Northwest Suburban Real Estate
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12528149