1901 Neubauer CirLindenhurstIL60046
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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
Rental property for sale in Lindenhurst at 1901 Neubauer Cir, Lindenhurst, IL, 60046 generates $2,400/mo in rent, after a $2,002/mo payment. Total monthly income is $2,400/mo. Return on cash invested sits at 16.04% in year one, and rental yield is 7.04% on a $408,978 entry. Equity gained on principal adds $2,639/yr, while 5% annual appreciation builds toward $112,993 over five years. Five-year ROI reaches 83.07% and total cumulative return in cash sums $112,623. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,400/mo property income rather than buyer’s personal income.
Townhouse
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60046, Lake Villa, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,135 (100%) |
| Owner Occupied HU | 10,597 (80.7%) |
| Renter Occupied HU | 1,982 (15.1%) |
| Vacant Housing Units | 556 ( 4.2%) |
| Median Home Value | $299,253 |
| Average Home Value | $330,842 |
Housing Distribution
Address Breakdown
Residential
12,961
Single Family
11,959
Multi-Family
1,002
Businesses
660
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Listed by: Bill Flemming • HomeSmart Connect LLC
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12409840