2502 E Chestnut DrWonder LakeIL60097
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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
Investment property for sale in Wonder Lake at 2502 E Chestnut Dr, Wonder Lake, IL, 60097 uses $82,842 cash to close to unlock $8,625/yr annual cash flow and $719/mo monthly cash flow. Total monthly income runs $2,452/mo, and a $1,223/mo payment keeps the spread at $719/mo. Purchase price stands at $249,900, and rental yield measures 11.77% with $2,452/mo rent. Return on cash invested shows 30.32% in year one, and 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 159.68% and total cumulative return in cash records $132,278. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,452/mo property income covering a $1,223/mo payment rather than investor’s personal income.
Single Family
Built in 1971
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60097, Wonder Lake, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,299 (100%) |
| Owner Occupied HU | 4,168 (78.7%) |
| Renter Occupied HU | 729 (13.8%) |
| Vacant Housing Units | 402 ( 7.6%) |
| Median Home Value | $300,818 |
| Average Home Value | $322,895 |
Housing Distribution
Address Breakdown
Residential
4,767
Single Family
4,767
Multi-Family
0
Businesses
118
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Listed by: Jim Starwalt, ABR,CRS,CSC,GRI • Better Homes and Garden Real Estate Star Homes
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12531852