121 E Clarendon DrRound Lake BeachIL60073
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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 Round Lake Beach at 121 E Clarendon Dr, Round Lake Beach, IL, 60073 offers $2,059/mo rent that, after a $1,419/mo payment, leaves $48/mo cash flow. Total monthly income is $2,059/mo, and annual cash flow is $575/yr on $96,135 cash. Return on cash invested measures 20.51% in year one, and rental yield stands at 8.52% at a $290,000 entry. Equity gained on principal adds $1,871/yr while 5% annual appreciation compounds into $80,122 by year five. Five-year ROI records 107.03% and total cumulative return in cash reaches $102,892. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,059/mo property income versus a $1,419/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1983
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60073, Round Lake, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,160 (100%) |
| Owner Occupied HU | 14,941 (74.1%) |
| Renter Occupied HU | 4,561 (22.6%) |
| Vacant Housing Units | 658 ( 3.3%) |
| Median Home Value | $237,289 |
| Average Home Value | $263,973 |
Housing Distribution
Address Breakdown
Residential
19,696
Single Family
18,416
Multi-Family
1,280
Businesses
799
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Listed by: Jamie Baker • Keller Williams North Shore West
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12552216