314 Liberty StWaukeganIL60085
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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 Waukegan at 314 Liberty St, Waukegan, IL, 60085 at $189,000 posts ROI 31.27% with $593/mo cash flow from $1,904/mo rent. Total monthly income equals $1,904/mo, and annual cash flow records $7,117/yr on $62,654 to close. Return on cash invested measures 31.27% and rental yield reads 12.09% at the current $189,000. Equity gained on principal adds $1,220/yr, and 5% annual appreciation supports $52,217 by year five. Five-year ROI prints 164.83% and total cumulative return in cash totals $103,270.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,904/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1901
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60085, Waukegan, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,314 (100%) |
| Owner Occupied HU | 11,009 (43.5%) |
| Renter Occupied HU | 12,949 (51.2%) |
| Vacant Housing Units | 1,356 ( 5.4%) |
| Median Home Value | $178,326 |
| Average Home Value | $229,648 |
Housing Distribution
Address Breakdown
Residential
23,168
Single Family
15,856
Multi-Family
7,312
Businesses
1,796
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