2186 High Point DrLindenhurstIL60046
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 2186 High Point Dr, Lindenhurst, IL, 60046 in Lindenhurst is narrow, $29/mo net on $3,499/mo rent after the $2,113/mo debt service, but the property operates at break-even-plus, not a loss. At $469,900 with a 8.94% yield, the long-run equity case via 5% appreciation ($129,825 over five years) and $4,328/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.66 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $195,127.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.9% | 6.0% |
| Monthly Cash Flow | $29 | $300 |
City averages based on Lindenhurst market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,499 |
| Total Monthly Debt Service | $3,072 |
| DSCR Ratio | 1.14x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1987
9,583 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1987
9,583 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices