177 Washington RdLake ForestIL60045
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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 Forest at 177 Washington Rd, Lake Forest, IL, 60045 at $1,295,000 posts ROI 10.3% with from $5,460/mo rent. Total monthly income equals $5,460/mo. Return on cash invested measures 10.3% and rental yield reads 5.06% at the current $1,295,000. Equity gained on principal adds $8,356/yr, and 5% annual appreciation supports $357,785 by year five. Five-year ROI prints 52.21% and total cumulative return in cash totals $219,066. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,460/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1928
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60045, Lake Forest, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,454 (100%) |
| Owner Occupied HU | 6,675 (79.0%) |
| Renter Occupied HU | 1,030 (12.2%) |
| Vacant Housing Units | 749 ( 8.9%) |
| Median Home Value | $893,908 |
| Average Home Value | $1,015,890 |
Housing Distribution
Address Breakdown
Residential
8,147
Single Family
7,248
Multi-Family
899
Businesses
890
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Listed by: Marina Carney • Compass
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12528410