121 Polaris DrLake In The HillsIL60156
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
Investment Highlights
Rental property for sale in Lake In The Hills at 121 Polaris Dr, Lake In The Hills, IL, 60156 priced at $235,000 converts $2,473/mo rent into $648/mo cash flow after a $1,150/mo obligation. Total monthly income equals $2,473/mo, and annual cash flow totals $7,774/yr on $77,903 invested. Return on cash invested prints 29.89% in year one, and rental yield reads 12.63% against a $235,000 entry. Equity gained on principal adds $1,516/yr, while 5% annual appreciation compiles into $64,926 by year five. Five-year ROI reaches 158.43% and total cumulative return in cash sums $123,424. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,473/mo property income covering a $1,150/mo payment, not borrower’s personal income.
Townhouse
Built in 1995
N/A lot
$N/A/sqft
$194 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60156, Lake In The Hills, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,299 (100%) |
| Owner Occupied HU | 8,711 (84.6%) |
| Renter Occupied HU | 1,327 (12.9%) |
| Vacant Housing Units | 261 ( 2.5%) |
| Median Home Value | $319,143 |
| Average Home Value | $336,379 |
Housing Distribution
Address Breakdown
Residential
10,224
Single Family
9,692
Multi-Family
532
Businesses
459
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Catherine Burley • Exit Realty 365
Mls Name: MRED as distributed by MLS GRID
Mls Provider:
Mls ID: #12413659
Disclaimer: Based on information submitted to the MLS GRID as of 2025. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#17)