375 N Tower DrHainesvilleIL60030
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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 Hainesville at 375 N Tower Dr, Hainesville, IL, 60030 generates $1,845/mo in rent and, after a $1,297/mo payment, leaves $7/mo in cash flow. Total monthly income is $1,845/mo, and annual cash flow is $86/yr on $87,814 invested. Return on cash invested sits at 20.01% in year one, and rental yield is 8.36% on a $264,900 entry. Equity gained on principal adds $1,709/yr, while 5% annual appreciation builds toward $73,187 over five years. Five-year ROI reaches 104.4% and total cumulative return in cash sums $91,676. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,845/mo property income rather than buyer’s personal income.
Townhouse
Built in 2003
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60030, Grayslake, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,398 (100%) |
| Owner Occupied HU | 11,843 (76.9%) |
| Renter Occupied HU | 2,812 (18.3%) |
| Vacant Housing Units | 743 ( 4.8%) |
| Median Home Value | $307,844 |
| Average Home Value | $333,010 |
Housing Distribution
Address Breakdown
Residential
14,908
Single Family
13,384
Multi-Family
1,524
Businesses
993
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Listed by: Jim Starwalt, ABR,CRS,CSC,GRI • Better Homes and Garden Real Estate Star Homes
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12432526