15 Tanwood CtVernon HillsIL60061
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 Vernon Hills at 15 Tanwood Ct, Vernon Hills, IL, 60061 uses $89,472 cash to close to unlock $8,207/yr annual cash flow and $684/mo monthly cash flow. Total monthly income runs $2,556/mo, and a $1,321/mo payment keeps the spread at $684/mo. Purchase price stands at $269,900, and rental yield measures 11.36% with $2,556/mo rent. Return on cash invested shows 29.08% in year one, and 5% annual appreciation builds toward $74,568 over five years. Five-year ROI reaches 153% and total cumulative return in cash records $136,890. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,556/mo property income covering a $1,321/mo payment rather than investor’s personal income.
Townhouse
Built in 1979
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60061, Vernon Hills, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,220 (100%) |
| Owner Occupied HU | 7,137 (63.6%) |
| Renter Occupied HU | 3,560 (31.7%) |
| Vacant Housing Units | 523 ( 4.7%) |
| Median Home Value | $404,450 |
| Average Home Value | $451,312 |
Housing Distribution
Address Breakdown
Residential
11,337
Single Family
7,825
Multi-Family
3,512
Businesses
887
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Julia Alexander • Keller Williams North Shore West
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12527310