1345 Cunat Ct APT 1BLake 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
Investment property for sale in Lake In The Hills at 1345 Cunat Ct APT 1B, Lake In The Hills, IL, 60156 offers a 9.64% rental yield on a $155,000 purchase with $1,245/mo rent. Total monthly income registers $1,245/mo, and a $759/mo payment leaves $170/mo available for distribution. Annual cash flow reaches $2,034/yr on $51,383 to close, and return on cash invested stands at 23.87% in year one. Equity gained on principal adds $1,000/yr while 5% annual appreciation supports $42,824 over five years. Portfolio math shows five-year ROI at 125.12% and total cumulative return in cash at $64,288. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,245/mo property income against a $759/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1995
N/A lot
$N/A/sqft
No 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: Timothy Sebastian • RE/MAX Connections II
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12524896