23 Red Tail Dr #0Lake ZurichIL60047
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
Investment Highlights
Investment property for sale in Lake Zurich at 23 Red Tail Dr #0, Lake Zurich, IL, 60047 offers a 10.66% rental yield on a $473,000 purchase with $4,202/mo rent. Total monthly income registers $4,202/mo, and a $2,315/mo payment leaves $921/mo available for distribution. Annual cash flow reaches $11,055/yr on $156,800 to close, and return on cash invested stands at 26.96% in year one. Equity gained on principal adds $3,052/yr while 5% annual appreciation supports $130,681 over five years. Portfolio math shows five-year ROI at 141.65% and total cumulative return in cash at $222,099. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,202/mo property income against a $2,315/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60047, Lake Zurich, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,786 (100%) |
| Owner Occupied HU | 13,527 (85.7%) |
| Renter Occupied HU | 1,704 (10.8%) |
| Vacant Housing Units | 555 ( 3.5%) |
| Median Home Value | $526,302 |
| Average Home Value | $573,642 |
Housing Distribution
Address Breakdown
Residential
15,304
Single Family
14,720
Multi-Family
584
Businesses
1,275
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Helen Oliveri • Helen Oliveri Real Estate
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12551861