3312 W Lake Shore DrWonder LakeIL60097
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayMarkets with strong demand fundamentals often produce low-yield, high-appreciation assets. 3312 W Lake Shore Dr, Wonder Lake, IL, 60097 in Wonder Lake fits: $574,700, 5.47% gross yield, and a projected 5% annual appreciation rate adding $158,779 in value within five years. Rental yield 5.47%. The narrow rent-to-debt spread is the trade-off for market growth. Ziffy Mortgage's DSCR loan (1.01) finances non-U.S. buyers without personal income documentation; optimise coverage with a 30–35% down payment. $5,293/yr in principal paydown and $158,779 in appreciation project a total return of $131,908.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 5.5% | 6.2% |
| Monthly Cash Flow | $(1,367) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,620 |
| Total Monthly Debt Service | $3,758 |
| DSCR Ratio | 0.70x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in N/A
5,201 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60097, Wonder Lake, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,299 (100%) |
| Owner Occupied HU | 4,168 (78.7%) |
| Renter Occupied HU | 729 (13.8%) |
| Vacant Housing Units | 402 ( 7.6%) |
| Median Home Value | $300,818 |
| Average Home Value | $322,895 |
Housing Distribution
Address Breakdown
Residential
4,767
Single Family
4,767
Multi-Family
0
Businesses
118
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
Single Family
Built in N/A
5,201 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60097, Wonder Lake, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,299 (100%) |
| Owner Occupied HU | 4,168 (78.7%) |
| Renter Occupied HU | 729 (13.8%) |
| Vacant Housing Units | 402 ( 7.6%) |
| Median Home Value | $300,818 |
| Average Home Value | $322,895 |
Housing Distribution
Address Breakdown
Residential
4,767
Single Family
4,767
Multi-Family
0
Businesses
118
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Neil Gates • Chase Real Estate LLC
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12557283