1819 Lake Shore DrRomeovilleIL60446
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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
Total monthly income runs $2,700/mo, and a $1,953/mo payment. Purchase price stands at $399,000, and rental yield measures 8.12% with $2,700/mo rent. Return on cash invested shows 19.3% in year one, and 5% annual appreciation builds toward $110,236 over five years. Five-year ROI reaches 100.55% and total cumulative return in cash records $132,998. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,700/mo property income covering a $1,953/mo payment rather than investor’s personal income.
Single Family
Built in 1997
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60446, Romeoville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,008 (100%) |
| Owner Occupied HU | 10,648 (76.0%) |
| Renter Occupied HU | 2,846 (20.3%) |
| Vacant Housing Units | 514 ( 3.7%) |
| Median Home Value | $277,791 |
| Average Home Value | $300,502 |
Housing Distribution
Address Breakdown
Residential
14,084
Single Family
12,332
Multi-Family
1,752
Businesses
922
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Listed by: Katie Bak, ABR,CRS,E-PRO,MRP,SFR • Gates and Gables Realty
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12536959