330 Greenview LnLake VillaIL60046
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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 Lake Villa at 330 Greenview Ln, Lake Villa, IL, 60046 priced at $438,800 pairs $2,400/mo rent with after a $2,148/mo payment. Total monthly income equals $2,400/mo. Return on cash invested is 14.6% in year one, and rental yield stands at 6.56% on a $438,800 basis. Equity gained on principal adds $2,832/yr, and 5% annual appreciation accumulates to $121,232 by year five. Five-year ROI measures 75.36% and total cumulative return in cash reaches $109,625. For financing, Ziffy Mortgage’s DSCR program evaluates $2,400/mo property income against a $2,148/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2001
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60046, Lake Villa, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,135 (100%) |
| Owner Occupied HU | 10,597 (80.7%) |
| Renter Occupied HU | 1,982 (15.1%) |
| Vacant Housing Units | 556 ( 4.2%) |
| Median Home Value | $299,253 |
| Average Home Value | $330,842 |
Housing Distribution
Address Breakdown
Residential
12,961
Single Family
11,959
Multi-Family
1,002
Businesses
660
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Listed by: Chicky Johnson • RE/MAX Suburban
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12417673