3 Woodhead DrLake VillaIL60046
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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 Lake Villa at 3 Woodhead Dr, Lake Villa, IL, 60046 listed at $379,900 pairs $2,160/mo rent with a $1,859/mo payment. Total monthly income runs $2,160/mo. Return on cash invested measures 15.39% in year one, and rental yield registers 6.82% at a $379,900 basis. Equity gained on principal adds $2,451/yr, and annual property appreciation at 5% supports $104,959 by year five. Five-year ROI tracks 79.6% and total cumulative return in cash totals $100,241. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,160/mo property income relative to a $1,859/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1988
0.31 Acres 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: Maureen Forgette, ABR,AHWD,CRS,e-PRO,PMN,PSA,SRES • Century 21 Integra
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12517660