300 E Church St UNIT 204LibertyvilleIL60048
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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 Libertyville at 300 E Church St UNIT 204, Libertyville, IL, 60048 uses $139,230 cash to close to unlock $5,946/yr annual cash flow and $496/mo monthly cash flow. Total monthly income runs $3,409/mo, and a $2,056/mo payment keeps the spread at $496/mo. Purchase price stands at $420,000, and rental yield measures 9.74% with $3,409/mo rent. Return on cash invested shows 24.18% in year one, and 5% annual appreciation builds toward $116,038 over five years. Five-year ROI reaches 126.74% and total cumulative return in cash records $176,455. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,409/mo property income covering a $2,056/mo payment rather than investor’s personal income.
Condo
Built in 2004
1,377 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60048, Libertyville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,245 (100%) |
| Owner Occupied HU | 9,528 (77.8%) |
| Renter Occupied HU | 1,870 (15.3%) |
| Vacant Housing Units | 847 ( 6.9%) |
| Median Home Value | $552,210 |
| Average Home Value | $614,286 |
Housing Distribution
Address Breakdown
Residential
11,255
Single Family
9,750
Multi-Family
1,505
Businesses
1,599
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Listed by: Brenda Newman-Lawler • RE/MAX Plaza
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12456091