1443 Spring Brook Ct UNIT 1CRound Lake BeachIL60073
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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 Round Lake Beach at 1443 Spring Brook Ct UNIT 1C, Round Lake Beach, IL, 60073 listed at $164,000 pairs $1,313/mo rent with a $803/mo payment to leave $175/mo cash flow. Total monthly income runs $1,313/mo, and annual cash flow reaches $2,102/yr on $54,366 cash to close. Return on cash invested measures 23.78% in year one, and rental yield registers 9.61% at a $164,000 basis. Equity gained on principal adds $1,058/yr, and annual property appreciation at 5% supports $45,310 by year five. Five-year ROI tracks 124.66% and total cumulative return in cash totals $67,773. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,313/mo property income relative to a $803/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1999
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60073, Round Lake, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,160 (100%) |
| Owner Occupied HU | 14,941 (74.1%) |
| Renter Occupied HU | 4,561 (22.6%) |
| Vacant Housing Units | 658 ( 3.3%) |
| Median Home Value | $237,289 |
| Average Home Value | $263,973 |
Housing Distribution
Address Breakdown
Residential
19,696
Single Family
18,416
Multi-Family
1,280
Businesses
799
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Listed by: Kimberly Schnoor • RE/MAX Advantage Realty
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12499092