400 Wedgemere PlLibertyvilleIL60048
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderAt 2.10, 400 Wedgemere Pl, Libertyville, IL, 60048 in Libertyville sits at the top of Ziffy Mortgage's DSCR coverage band, a significant advantage for non-U.S. buyers closing without domestic income documentation. Rental yield 7.43%. The 7.43% yield is backed by 5% annual appreciation projecting $92,554 in value gain, plus $3,085/yr in principal reduction. Total projected cumulative return: $177,673.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.4% | 5.0% |
| Monthly Cash Flow | $(380) | $300 |
City averages based on Libertyville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,157 |
| Total Monthly Debt Service | $2,259 |
| DSCR Ratio | 1.40x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1949
8,670 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60048, Libertyville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,245 (100%) |
| Owner Occupied HU | 9,528 (77.8%) |
| Renter Occupied HU | 1,870 (15.3%) |
| Vacant Housing Units | 847 ( 6.9%) |
| Median Home Value | $552,210 |
| Average Home Value | $614,286 |
Housing Distribution
Address Breakdown
Residential
11,255
Single Family
9,750
Multi-Family
1,505
Businesses
1,599
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
Single Family
Built in 1949
8,670 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60048, Libertyville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,245 (100%) |
| Owner Occupied HU | 9,528 (77.8%) |
| Renter Occupied HU | 1,870 (15.3%) |
| Vacant Housing Units | 847 ( 6.9%) |
| Median Home Value | $552,210 |
| Average Home Value | $614,286 |
Housing Distribution
Address Breakdown
Residential
11,255
Single Family
9,750
Multi-Family
1,505
Businesses
1,599
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices