2303 Neubauer CirLindenhurstIL60046
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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
Rental property for sale in Lindenhurst at 2303 Neubauer Cir, Lindenhurst, IL, 60046 generates $3,496/mo in rent and, after a $1,418/mo payment, leaves $1,067/mo in cash flow. Total monthly income is $3,496/mo, and annual cash flow is $12,803/yr on $96,069 invested. Return on cash invested sits at 33.24% in year one, and rental yield is 14.48% on a $289,800 entry. Equity gained on principal adds $1,870/yr, while 5% annual appreciation builds toward $80,066 over five years. Five-year ROI reaches 177.17% and total cumulative return in cash sums $170,209. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,496/mo property income rather than buyer’s personal income.
Townhouse
Built in 2007
N/A lot
$N/A/sqft
$247 monthly 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: N/A • N/A
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