308 Dalton AveMundeleinIL60060
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Mundelein at 308 Dalton Ave, Mundelein, IL, 60060 priced at $331,400 pairs $2,976/mo rent with $634/mo cash flow after a $1,622/mo payment. Total monthly income equals $2,976/mo, and annual cash flow comes to $7,612/yr on $109,859 invested. Return on cash invested is 26.84% in year one, and rental yield stands at 10.78% on a $331,400 basis. Equity gained on principal adds $2,138/yr, and 5% annual appreciation accumulates to $91,560 by year five. Five-year ROI measures 141.18% and total cumulative return in cash reaches $155,094. For financing, Ziffy Mortgage’s DSCR program evaluates $2,976/mo property income against a $1,622/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1955
7,318 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60060, Mundelein, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,538 (100%) |
| Owner Occupied HU | 10,675 (73.4%) |
| Renter Occupied HU | 3,219 (22.1%) |
| Vacant Housing Units | 644 ( 4.4%) |
| Median Home Value | $338,131 |
| Average Home Value | $395,909 |
Housing Distribution
Address Breakdown
Residential
13,969
Single Family
12,118
Multi-Family
1,851
Businesses
1,050
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices