363 Meadow Green Ln UNIT 363Round LakeIL60073
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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 Round Lake at 363 Meadow Green Ln UNIT 363, Round Lake, IL, 60073 earns $165/mo cash flow from $1,413/mo rent with a $881/mo payment. Total monthly income totals $1,413/mo, and annual cash flow totals $1,974/yr on $59,670 capital. ROI tracks 23.22% on current figures, and rental yield reads 9.42% at a $180,000 purchase. Equity gained on principal adds $1,162/yr, and 5% annual appreciation supports $49,731 over five years. Five-year ROI reaches 121.6% and total cumulative return in cash sums $72,557. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,413/mo property income instead of your personal income.
Condo
Built in 1982
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60073, Round Lake, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,160 (100%) |
| Owner Occupied HU | 14,941 (74.1%) |
| Renter Occupied HU | 4,561 (22.6%) |
| Vacant Housing Units | 658 ( 3.3%) |
| Median Home Value | $237,289 |
| Average Home Value | $263,973 |
Housing Distribution
Address Breakdown
Residential
19,696
Single Family
18,416
Multi-Family
1,280
Businesses
799
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Listed by: Sunita Kakarlapudi • Sohum Realty, Inc.
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12535625