33 Johnathan RdLake ZurichIL60047
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 Lake Zurich at 33 Johnathan Rd, Lake Zurich, IL, 60047 priced at $319,900 converts $2,239/mo rent into $20/mo cash flow after a $1,566/mo obligation. Total monthly income equals $2,239/mo, and annual cash flow totals $238/yr on $106,047 invested. Return on cash invested prints 20.13% in year one, and rental yield reads 8.4% against a $319,900 entry. Equity gained on principal adds $2,064/yr, while 5% annual appreciation compiles into $88,382 by year five. Five-year ROI reaches 105.01% and total cumulative return in cash sums $111,356. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,239/mo property income covering a $1,566/mo payment, not borrower’s personal income.
Single Family
Built in 1953
9,321 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60047, Lake Zurich, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,786 (100%) |
| Owner Occupied HU | 13,527 (85.7%) |
| Renter Occupied HU | 1,704 (10.8%) |
| Vacant Housing Units | 555 ( 3.5%) |
| Median Home Value | $526,302 |
| Average Home Value | $573,642 |
Housing Distribution
Address Breakdown
Residential
15,304
Single Family
14,720
Multi-Family
584
Businesses
1,275
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Listed by: Cherie Smith Zurek, ABR,CRS,GRI,SRES • RE/MAX Suburban
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12540029