127 E Grand AveFox 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
Rental property for sale in Fox Lake at 127 E Grand Ave, Fox Lake, IL, 60020 priced at $388,900 pairs $3,810/mo rent with $1,113/mo cash flow after a $1,903/mo payment. Total monthly income equals $3,810/mo, and annual cash flow comes to $13,356/yr on $128,920 invested. Return on cash invested is 30.27% in year one, and rental yield stands at 11.76% on a $388,900 basis. Equity gained on principal adds $2,510/yr, and 5% annual appreciation accumulates to $107,446 by year five. Five-year ROI measures 159.35% and total cumulative return in cash reaches $205,439. For financing, Ziffy Mortgage’s DSCR program evaluates $3,810/mo property income against a $1,903/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1996
6,534 sqft 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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