119 E Ellis AveLibertyvilleIL60048
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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 Libertyville at 119 E Ellis Ave, Libertyville, IL, 60048 generates $4,156/mo in rent, after a $3,128/mo payment. Total monthly income is $4,156/mo. Return on cash invested sits at 18.48% in year one, and rental yield is 7.8% on a $639,000 entry. Equity gained on principal adds $4,123/yr, while 5% annual appreciation builds toward $176,544 over five years. Five-year ROI reaches 96.15% and total cumulative return in cash sums $202,132. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,156/mo property income rather than buyer’s personal income.
Single Family
Built in 1960
9,646 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
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Listed by: Ljubica Delic • @properties Christie's International Real Estate
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12552516