239 Nita LnLibertyvilleIL60048
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
Rental property for sale in Libertyville at 239 Nita Ln, Libertyville, IL, 60048 priced at $670,000 converts $4,980/mo rent into $333/mo cash flow after a $3,279/mo obligation. Total monthly income equals $4,980/mo, and annual cash flow totals $3,997/yr on $220,430 invested. Return on cash invested prints 21.87% in year one, and rental yield reads 8.92% against a $670,000 entry. Equity gained on principal adds $4,323/yr, while 5% annual appreciation compiles into $185,109 by year five. Five-year ROI reaches 114.35% and total cumulative return in cash sums $252,053. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,980/mo property income covering a $3,279/mo payment, not borrower’s personal income.
Single Family
Built in 1979
8,302 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60048, Libertyville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,245 (100%) |
| Owner Occupied HU | 9,528 (77.8%) |
| Renter Occupied HU | 1,870 (15.3%) |
| Vacant Housing Units | 847 ( 6.9%) |
| Median Home Value | $552,210 |
| Average Home Value | $614,286 |
Housing Distribution
Address Breakdown
Residential
11,255
Single Family
9,750
Multi-Family
1,505
Businesses
1,599
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Susan Lazzaretto, ABR,CRS,GRI • @properties Christie's International Real Estate
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12520292