368 S Litchfield DrRound 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
Rental property for sale in Round Lake at 368 S Litchfield Dr, Round Lake, IL, 60073 priced at $255,000 pairs $1,768/mo rent with after a $1,248/mo payment. Total monthly income equals $1,768/mo. Return on cash invested is 19.9% in year one, and rental yield stands at 8.32% on a $255,000 basis. Equity gained on principal adds $1,645/yr, and 5% annual appreciation accumulates to $70,452 by year five. Five-year ROI measures 103.81% and total cumulative return in cash reaches $87,752. For financing, Ziffy Mortgage’s DSCR program evaluates $1,768/mo property income against a $1,248/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2003
1,452 sqft 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: Jackie Alba Garibay • United Real Estate - Chicago
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12503678