249 Jasmine 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 249 Jasmine Cir, Lindenhurst, IL, 60046 offers $3,109/mo rent that, after a $1,713/mo payment, leaves $682/mo cash flow. Total monthly income is $3,109/mo, and annual cash flow is $8,179/yr on $115,992 cash. Return on cash invested measures 26.96% in year one, and rental yield stands at 10.66% at a $349,900 entry. Equity gained on principal adds $2,258/yr while 5% annual appreciation compounds into $96,671 by year five. Five-year ROI records 141.65% and total cumulative return in cash reaches $164,298. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,109/mo property income versus a $1,713/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1998
6,969 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
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Listed by: Alice Scifo • RE/MAX Advisors
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12469463