146 E Mill StWaucondaIL60084
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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 Wauconda at 146 E Mill St, Wauconda, IL, 60084 listed at $259,900 pairs $2,551/mo rent with a $1,272/mo payment to leave $748/mo cash flow. Total monthly income runs $2,551/mo, and annual cash flow reaches $8,980/yr on $86,157 cash to close. Return on cash invested measures 30.33% in year one, and rental yield registers 11.78% at a $259,900 basis. Equity gained on principal adds $1,677/yr, and annual property appreciation at 5% supports $71,806 by year five. Five-year ROI tracks 159.74% and total cumulative return in cash totals $137,626. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,551/mo property income relative to a $1,272/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1917
4,950 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60084, Wauconda, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,841 (100%) |
| Owner Occupied HU | 5,149 (75.3%) |
| Renter Occupied HU | 1,355 (19.8%) |
| Vacant Housing Units | 337 ( 4.9%) |
| Median Home Value | $320,815 |
| Average Home Value | $347,821 |
Housing Distribution
Address Breakdown
Residential
6,689
Single Family
6,118
Multi-Family
571
Businesses
686
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