26829 N Circle DrMundeleinIL60060
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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 Mundelein at 26829 N Circle Dr, Mundelein, IL, 60060 offers a 8.44% rental yield on a $319,000 purchase with $2,244/mo rent. Total monthly income registers $2,244/mo, and a $1,561/mo payment leaves $32/mo available for distribution. Annual cash flow reaches $380/yr on $105,749 to close, and return on cash invested stands at 20.27% in year one. Equity gained on principal adds $2,058/yr while 5% annual appreciation supports $88,134 over five years. Portfolio math shows five-year ROI at 105.76% and total cumulative return in cash at $111,841. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,244/mo property income against a $1,561/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1987
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60060, Mundelein, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,538 (100%) |
| Owner Occupied HU | 10,675 (73.4%) |
| Renter Occupied HU | 3,219 (22.1%) |
| Vacant Housing Units | 644 ( 4.4%) |
| Median Home Value | $338,131 |
| Average Home Value | $395,909 |
Housing Distribution
Address Breakdown
Residential
13,969
Single Family
12,118
Multi-Family
1,851
Businesses
1,050
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