1606 N Poplar AveRound 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 1606 N Poplar Ave, Round Lake Beach, IL, 60073 earns $567/mo cash flow from $2,647/mo rent with a $1,468/mo payment. Total monthly income totals $2,647/mo, and annual cash flow totals $6,800/yr on $99,417 capital. ROI tracks 26.75% on current figures, and rental yield reads 10.59% at a $299,900 purchase. Equity gained on principal adds $1,935/yr, and 5% annual appreciation supports $82,857 over five years. Five-year ROI reaches 140.52% and total cumulative return in cash sums $139,696. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,647/mo property income instead of your personal income.
Single Family
Built in 1973
8,000 sqft 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: Mike Najarian • NCL Realty, INC.
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12534451