175 Margate CtLake BluffIL60044
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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 Lake Bluff at 175 Margate Ct, Lake Bluff, IL, 60044 earns from $4,800/mo rent with a $5,580/mo payment. Total monthly income totals $4,800/mo. ROI tracks 10.27% on current figures, and rental yield reads 5.05% at a $1,140,000 purchase. Equity gained on principal adds $7,356/yr, and 5% annual appreciation supports $314,961 over five years. Five-year ROI reaches 52.08% and total cumulative return in cash sums $192,374. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,800/mo property income instead of your personal income.
Single Family
Built in 1987
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60044, Lake Bluff, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,469 (100%) |
| Owner Occupied HU | 3,046 (68.2%) |
| Renter Occupied HU | 1,140 (25.5%) |
| Vacant Housing Units | 283 ( 6.3%) |
| Median Home Value | $570,313 |
| Average Home Value | $665,553 |
Housing Distribution
Address Breakdown
Residential
4,240
Single Family
3,426
Multi-Family
814
Businesses
682
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Listed by: Pam Devendorf • Coldwell Banker Realty
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12550062