13000 W Heiden Cir UNIT 3106Lake BluffIL60044
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
Investment property for sale in Lake Bluff at 13000 W Heiden Cir UNIT 3106, Lake Bluff, IL, 60044 uses $74,587 cash to close to unlock $260/yr annual cash flow and $22/mo monthly cash flow. Total monthly income runs $1,582/mo, and a $1,101/mo payment keeps the spread at $22/mo. Purchase price stands at $224,999, and rental yield measures 8.44% with $1,582/mo rent. Return on cash invested shows 20.26% in year one, and 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 105.7% and total cumulative return in cash records $78,837. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,582/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Condo
Built in 1974
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60044, Lake Bluff, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,469 (100%) |
| Owner Occupied HU | 3,046 (68.2%) |
| Renter Occupied HU | 1,140 (25.5%) |
| Vacant Housing Units | 283 ( 6.3%) |
| Median Home Value | $570,313 |
| Average Home Value | $665,553 |
Housing Distribution
Address Breakdown
Residential
4,240
Single Family
3,426
Multi-Family
814
Businesses
682
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Aamir Tanveer • Real People Realty
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12406958