2800 Cattail Ct UNIT CWaucondaIL60084
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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 2800 Cattail Ct UNIT C, Wauconda, IL, 60084 offers a 13.15% rental yield on a $276,400 purchase with $3,028/mo rent. Total monthly income registers $3,028/mo, and a $1,353/mo payment leaves $1,077/mo available for distribution. Annual cash flow reaches $12,928/yr on $91,627 to close, and return on cash invested stands at 34.02% in year one. Equity gained on principal adds $1,784/yr while 5% annual appreciation supports $76,364 over five years. Portfolio math shows five-year ROI at 179.68% and total cumulative return in cash at $164,634. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,028/mo property income against a $1,353/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2005
1,838 sqft lot
$N/A/sqft
$29 monthly 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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