3727 Hale LnIsland LakeIL60042
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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
Total monthly income runs $2,566/mo, and a $2,031/mo payment. Purchase price stands at $415,000, and rental yield measures 7.42% with $2,566/mo rent. Return on cash invested shows 17.18% in year one, and 5% annual appreciation builds toward $114,657 over five years. Five-year ROI reaches 89.22% and total cumulative return in cash records $122,745. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,566/mo property income covering a $2,031/mo payment rather than investor’s personal income.
Single Family
Built in 1993
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60042, Island Lake, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,413 (100%) |
| Owner Occupied HU | 2,735 (80.1%) |
| Renter Occupied HU | 531 (15.6%) |
| Vacant Housing Units | 147 ( 4.3%) |
| Median Home Value | $289,221 |
| Average Home Value | $343,294 |
Housing Distribution
Address Breakdown
Residential
3,352
Single Family
3,352
Multi-Family
0
Businesses
172
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Listed by: Nicole Boston • Baird & Warner
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12548890