3161 Ravinia CirMundeleinIL60060
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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 Mundelein at 3161 Ravinia Cir, Mundelein, IL, 60060 with 5% annual appreciation on a $473,000 basis while $3,262/mo rent supports operations. 43% in year one. Equity gained on principal adds $3,052/yr, and five-year appreciation sums $130,681 alongside rental yield of 8.28%. Five-year ROI measures 91.39% and total cumulative return in cash totals $143,307. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,262/mo property income versus a $2,315/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2007
9,121 sqft lot
$N/A/sqft
$305 monthly 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
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