319 Beachview DrRound Lake BeachIL60073
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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
Rental property for sale in Round Lake Beach at 319 Beachview Dr, Round Lake Beach, IL, 60073 priced at $290,000 pairs $1,955/mo rent with after a $1,419/mo payment. Total monthly income equals $1,955/mo. Return on cash invested is 19.21% in year one, and rental yield stands at 8.09% on a $290,000 basis. Equity gained on principal adds $1,871/yr, and 5% annual appreciation accumulates to $80,122 by year five. Five-year ROI measures 100.05% and total cumulative return in cash reaches $96,184. For financing, Ziffy Mortgage’s DSCR program evaluates $1,955/mo property income against a $1,419/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1998
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60073, Round Lake, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,160 (100%) |
| Owner Occupied HU | 14,941 (74.1%) |
| Renter Occupied HU | 4,561 (22.6%) |
| Vacant Housing Units | 658 ( 3.3%) |
| Median Home Value | $237,289 |
| Average Home Value | $263,973 |
Housing Distribution
Address Breakdown
Residential
19,696
Single Family
18,416
Multi-Family
1,280
Businesses
799
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Listed by: Rubi Romero • Coldwell Banker Realty
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12486216