3325 Country LnLong GroveIL60047
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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 Long Grove at 3325 Country Ln, Long Grove, IL, 60047 generates $7,320/mo in rent and, after a $4,870/mo payment, leaves $419/mo in cash flow. Total monthly income is $7,320/mo, and annual cash flow is $5,022/yr on $327,355 invested. Return on cash invested sits at 21.59% in year one, and rental yield is 8.83% on a $995,000 entry. Equity gained on principal adds $6,421/yr, while 5% annual appreciation builds toward $274,900 over five years. Five-year ROI reaches 112.83% and total cumulative return in cash sums $369,366. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $7,320/mo property income rather than buyer’s personal income.
Single Family
Built in 1981
3.02 Acres 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: Jane Lee • RE/MAX Top Performers
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12452721