276 Saddle Back RdVernon HillsIL60061
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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
Rental property for sale in Vernon Hills at 276 Saddle Back Rd, Vernon Hills, IL, 60061 priced at $830,000 pairs $5,576/mo rent with after a $4,062/mo payment. Total monthly income equals $5,576/mo. Return on cash invested is 18.45% in year one, and rental yield stands at 8.06% on a $830,000 basis. Equity gained on principal adds $5,356/yr, and 5% annual appreciation accumulates to $229,314 by year five. Five-year ROI measures 96.25% and total cumulative return in cash reaches $262,818. For financing, Ziffy Mortgage’s DSCR program evaluates $5,576/mo property income against a $4,062/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1992
0.33 Acres lot
$N/A/sqft
$301 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60061, Vernon Hills, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,220 (100%) |
| Owner Occupied HU | 7,137 (63.6%) |
| Renter Occupied HU | 3,560 (31.7%) |
| Vacant Housing Units | 523 ( 4.7%) |
| Median Home Value | $404,450 |
| Average Home Value | $451,312 |
Housing Distribution
Address Breakdown
Residential
11,337
Single Family
7,825
Multi-Family
3,512
Businesses
887
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Nearby investment properties with comparable prices
Listed by: Jane Lee • RE/MAX Top Performers
Mls Name: MRED as distributed by MLS GRID
Mls Provider:
Mls ID: #12347297
Disclaimer: Based on information submitted to the MLS GRID as of 2025. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#17)