218 Wellington AveMundeleinIL60060
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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 Mundelein at 218 Wellington Ave, Mundelein, IL, 60060 at $259,000 posts ROI 19.48% with from $1,766/mo rent. Total monthly income equals $1,766/mo. Return on cash invested measures 19.48% and rental yield reads 8.18% at the current $259,000. Equity gained on principal adds $1,671/yr, and 5% annual appreciation supports $71,557 by year five. Five-year ROI prints 101.57% and total cumulative return in cash totals $87,208. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,766/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1955
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60060, Mundelein, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,538 (100%) |
| Owner Occupied HU | 10,675 (73.4%) |
| Renter Occupied HU | 3,219 (22.1%) |
| Vacant Housing Units | 644 ( 4.4%) |
| Median Home Value | $338,131 |
| Average Home Value | $395,909 |
Housing Distribution
Address Breakdown
Residential
13,969
Single Family
12,118
Multi-Family
1,851
Businesses
1,050
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