23951 N Lakeside DrLake ZurichIL60047
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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 23951 N Lakeside Dr, Lake Zurich, IL, 60047 offers a 10.87% rental yield on a $343,400 purchase with $3,110/mo rent. Total monthly income registers $3,110/mo, and a $1,681/mo payment leaves $710/mo available for distribution. Annual cash flow reaches $8,515/yr on $113,837 to close, and return on cash invested stands at 27.39% in year one. Equity gained on principal adds $2,216/yr while 5% annual appreciation supports $94,875 over five years. Portfolio math shows five-year ROI at 144.02% and total cumulative return in cash at $163,950. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,110/mo property income against a $1,681/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
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
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Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A