2611 Fairfax LnLake In The HillsIL60156
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
Investment property for sale in Lake In The Hills at 2611 Fairfax Ln, Lake In The Hills, IL, 60156 offers a 10.07% rental yield on a $410,500 purchase with $3,444/mo rent. Total monthly income registers $3,444/mo, and a $2,009/mo payment leaves $597/mo available for distribution. Annual cash flow reaches $7,163/yr on $136,081 to close, and return on cash invested stands at 25.17% in year one. Equity gained on principal adds $2,649/yr while 5% annual appreciation supports $113,414 over five years. Portfolio math shows five-year ROI at 132.04% and total cumulative return in cash at $179,676. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,444/mo property income against a $2,009/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1997
6,270 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60156, Lake In The Hills, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,299 (100%) |
| Owner Occupied HU | 8,711 (84.6%) |
| Renter Occupied HU | 1,327 (12.9%) |
| Vacant Housing Units | 261 ( 2.5%) |
| Median Home Value | $319,143 |
| Average Home Value | $336,379 |
Housing Distribution
Address Breakdown
Residential
10,224
Single Family
9,692
Multi-Family
532
Businesses
459
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A