26587 N Cherrywood LnWaucondaIL60084
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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 Wauconda at 26587 N Cherrywood Ln, Wauconda, IL, 60084 offers a 7.49% rental yield on a $599,500 purchase with $3,742/mo rent. 53% in year one. Equity gained on principal adds $3,868/yr while 5% annual appreciation supports $165,631 over five years. Portfolio math shows five-year ROI at 91.06% and total cumulative return in cash at $179,603. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,742/mo property income against a $2,934/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1977
1.04 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60084, Wauconda, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,841 (100%) |
| Owner Occupied HU | 5,149 (75.3%) |
| Renter Occupied HU | 1,355 (19.8%) |
| Vacant Housing Units | 337 ( 4.9%) |
| Median Home Value | $320,815 |
| Average Home Value | $347,821 |
Housing Distribution
Address Breakdown
Residential
6,689
Single Family
6,118
Multi-Family
571
Businesses
686
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