1606 Turnbull DrRound 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 Turnbull Dr, Round Lake Beach, IL, 60073 uses $67,162 cash to close to unlock $3,796/yr annual cash flow and $316/mo monthly cash flow. Total monthly income runs $1,722/mo, and a $992/mo payment keeps the spread at $316/mo. Purchase price stands at $202,600, and rental yield measures 10.2% with $1,722/mo rent. Return on cash invested shows 25.56% in year one, and 5% annual appreciation builds toward $55,975 over five years. Five-year ROI reaches 134.18% and total cumulative return in cash records $90,116. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,722/mo property income covering a $992/mo payment rather than investor’s personal income.
Single Family
Built in 1948
4,791 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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