2858 Falling Waters LnLindenhurstIL60046
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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 Lindenhurst at 2858 Falling Waters Ln, Lindenhurst, IL, 60046 uses $96,135 cash to close to unlock $8,747/yr annual cash flow and $729/mo monthly cash flow. Total monthly income runs $2,740/mo, and a $1,419/mo payment keeps the spread at $729/mo. Purchase price stands at $289,999, and rental yield measures 11.34% with $2,740/mo rent. Return on cash invested shows 29.01% in year one, and 5% annual appreciation builds toward $80,121 over five years. Five-year ROI reaches 152.6% and total cumulative return in cash records $146,704. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,740/mo property income covering a $1,419/mo payment rather than investor’s personal income.
Townhouse
Built in 1998
7,169 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60046, Lake Villa, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,135 (100%) |
| Owner Occupied HU | 10,597 (80.7%) |
| Renter Occupied HU | 1,982 (15.1%) |
| Vacant Housing Units | 556 ( 4.2%) |
| Median Home Value | $299,253 |
| Average Home Value | $330,842 |
Housing Distribution
Address Breakdown
Residential
12,961
Single Family
11,959
Multi-Family
1,002
Businesses
660
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Listed by: Michael Steber, ABR,GREEN • Keller Williams North Shore West
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12500015