357 Pine Lake Cir UNIT 357Vernon HillsIL60061
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
Investment property for sale in Vernon Hills at 357 Pine Lake Cir UNIT 357, Vernon Hills, IL, 60061 earns $403/mo cash flow from $4,040/mo rent with a $2,349/mo payment. Total monthly income totals $4,040/mo, and annual cash flow totals $4,836/yr on $159,120 capital. ROI tracks 22.95% on current figures, and rental yield reads 10.1% at a $480,000 purchase. Equity gained on principal adds $3,097/yr, and 5% annual appreciation supports $132,615 over five years. Five-year ROI reaches 120.95% and total cumulative return in cash sums $192,449. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,040/mo property income instead of your personal income.
Townhouse
Built in 1999
2,178 sqft lot
$N/A/sqft
$308 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tom Udvance • Compass
Mls Name: MRED as distributed by MLS GRID
Mls Provider:
Mls ID: #12382287
Disclaimer: Based on information submitted to the MLS GRID as of 2025. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#17)