1360 Conrad LnLake ZurichIL60047
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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 Lake Zurich at 1360 Conrad Ln, Lake Zurich, IL, 60047 earns $730/mo cash flow from $7,320/mo rent with a $4,650/mo payment. Total monthly income totals $7,320/mo, and annual cash flow totals $8,765/yr on $312,550 capital. ROI tracks 22.86% on current figures, and rental yield reads 9.25% at a $950,000 purchase. Equity gained on principal adds $6,130/yr, and 5% annual appreciation supports $262,467 over five years. Five-year ROI reaches 119.65% and total cumulative return in cash sums $373,958. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $7,320/mo property income instead of your personal income.
Single Family
Built in 2009
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60047, Lake Zurich, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,786 (100%) |
| Owner Occupied HU | 13,527 (85.7%) |
| Renter Occupied HU | 1,704 (10.8%) |
| Vacant Housing Units | 555 ( 3.5%) |
| Median Home Value | $526,302 |
| Average Home Value | $573,642 |
Housing Distribution
Address Breakdown
Residential
15,304
Single Family
14,720
Multi-Family
584
Businesses
1,275
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Listed by: Jane Lee • RE/MAX Top Performers
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12532776