2009 Countryside LnRound Lake BeachIL60073
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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 Round Lake Beach at 2009 Countryside Ln, Round Lake Beach, IL, 60073 offers a 9.32% rental yield on a $194,000 purchase with $1,507/mo rent. Total monthly income registers $1,507/mo, and a $950/mo payment leaves $161/mo available for distribution. Annual cash flow reaches $1,931/yr on $64,311 to close, and return on cash invested stands at 22.91% in year one. Equity gained on principal adds $1,252/yr while 5% annual appreciation supports $53,599 over five years. Portfolio math shows five-year ROI at 119.92% and total cumulative return in cash at $77,120. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,507/mo property income against a $950/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1987
2,080 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60073, Round Lake, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,160 (100%) |
| Owner Occupied HU | 14,941 (74.1%) |
| Renter Occupied HU | 4,561 (22.6%) |
| Vacant Housing Units | 658 ( 3.3%) |
| Median Home Value | $237,289 |
| Average Home Value | $263,973 |
Housing Distribution
Address Breakdown
Residential
19,696
Single Family
18,416
Multi-Family
1,280
Businesses
799
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Listed by: Danielle Welker • RE/MAX Advantage Realty
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12504717