1185 Mallard CtFox 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 1185 Mallard Ct, Fox Lake, IL, 60020 offers a 7.64% rental yield on a $460,000 purchase with $2,929/mo rent. 85% in year one. Equity gained on principal adds $2,968/yr while 5% annual appreciation supports $127,090 over five years. Portfolio math shows five-year ROI at 92.8% and total cumulative return in cash at $141,505. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,929/mo property income against a $2,251/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2001
0.52 Acres 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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