19953 W Grand AveLindenhurstIL60046
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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 Lindenhurst at 19953 W Grand Ave, Lindenhurst, IL, 60046 offers a 8.78% rental yield on a $499,000 purchase with $3,652/mo rent. Total monthly income registers $3,652/mo, and a $2,442/mo payment leaves $191/mo available for distribution. Annual cash flow reaches $2,294/yr on $165,419 to close, and return on cash invested stands at 21.3% in year one. Equity gained on principal adds $3,220/yr while 5% annual appreciation supports $137,865 over five years. Portfolio math shows five-year ROI at 111.28% and total cumulative return in cash at $184,074. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,652/mo property income against a $2,442/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
3.47 Acres 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: Robert E Frank, GRI • Robert E. Frank Real Estate
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12476628