13399 Oak Lake CtTremontIL61568
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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
Investment property for sale in Tremont at 13399 Oak Lake Ct, Tremont, IL, 61568 uses $159,087 cash to close to unlock $11,126/yr annual cash flow and $927/mo monthly cash flow. Total monthly income runs $4,256/mo, and a $2,349/mo payment keeps the spread at $927/mo. Purchase price stands at $479,900, and rental yield measures 10.64% with $4,256/mo rent. Return on cash invested shows 26.9% in year one, and 5% annual appreciation builds toward $132,588 over five years. Five-year ROI reaches 141.35% and total cumulative return in cash records $224,865. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,256/mo property income covering a $2,349/mo payment rather than investor’s personal income.
Single Family
Built in 2020
1.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61568, Tremont, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,820 (100%) |
| Owner Occupied HU | 1,401 (77.0%) |
| Renter Occupied HU | 324 (17.8%) |
| Vacant Housing Units | 95 ( 5.2%) |
| Median Home Value | $270,647 |
| Average Home Value | $296,881 |
Housing Distribution
Address Breakdown
Residential
1,513
Single Family
1,491
Multi-Family
22
Businesses
129
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Listed by: Tricia Yordy • Keller Williams Revolution
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #PA1257628
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.