2711 Orchard LnWilmetteIL60091
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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 Wilmette at 2711 Orchard Ln, Wilmette, IL, 60091 listed at $1,480,000 pairs $5,131/mo rent with a $7,244/mo payment. Total monthly income runs $5,131/mo. Return on cash invested measures 7.52% in year one, and rental yield registers 4.16% at a $1,480,000 basis. Equity gained on principal adds $9,550/yr, and annual property appreciation at 5% supports $408,897 by year five. Five-year ROI tracks 37.32% and total cumulative return in cash totals $178,940. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,131/mo property income relative to a $7,244/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2006
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60091, Wilmette, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,598 (100%) |
| Owner Occupied HU | 8,510 (80.3%) |
| Renter Occupied HU | 1,468 (13.9%) |
| Vacant Housing Units | 620 ( 5.9%) |
| Median Home Value | $768,626 |
| Average Home Value | $890,982 |
Housing Distribution
Address Breakdown
Residential
10,487
Single Family
8,715
Multi-Family
1,772
Businesses
835
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