293 Wellington DrCrystal LakeIL60014
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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 Crystal Lake at 293 Wellington Dr, Crystal Lake, IL, 60014 earns $333/mo cash flow from $3,037/mo rent with a $1,908/mo payment. Total monthly income totals $3,037/mo, and annual cash flow totals $3,995/yr on $129,252 capital. ROI tracks 23% on current figures, and rental yield reads 9.35% at a $389,900 purchase. Equity gained on principal adds $2,516/yr, and 5% annual appreciation supports $107,722 over five years. Five-year ROI reaches 120.38% and total cumulative return in cash sums $155,593. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,037/mo property income instead of your personal income.
Single Family
Built in 1965
10,746 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60014, Crystal Lake, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,766 (100%) |
| Owner Occupied HU | 14,261 (76.0%) |
| Renter Occupied HU | 3,812 (20.3%) |
| Vacant Housing Units | 693 ( 3.7%) |
| Median Home Value | $342,930 |
| Average Home Value | $362,214 |
Housing Distribution
Address Breakdown
Residential
18,377
Single Family
16,184
Multi-Family
2,193
Businesses
1,699
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Listed by: Lisa Jensen • Keller Williams North Shore West
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12510971