346 Bay Tree CirVernon HillsIL60061
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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
Investment property for sale in Vernon Hills at 346 Bay Tree Cir, Vernon Hills, IL, 60061 with 5% annual appreciation on a $525,000 basis while $2,580/mo rent supports operations. 68% in year one. Equity gained on principal adds $3,388/yr, and five-year appreciation sums $145,048 alongside rental yield of 5.9%. Five-year ROI measures 65.07% and total cumulative return in cash totals $112,389. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,580/mo property income versus a $2,570/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 2002
2,036 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60061, Vernon Hills, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,220 (100%) |
| Owner Occupied HU | 7,137 (63.6%) |
| Renter Occupied HU | 3,560 (31.7%) |
| Vacant Housing Units | 523 ( 4.7%) |
| Median Home Value | $404,450 |
| Average Home Value | $451,312 |
Housing Distribution
Address Breakdown
Residential
11,337
Single Family
7,825
Multi-Family
3,512
Businesses
887
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Listed by: Natalia Grebenschikov • Coldwell Banker Realty
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12550041