406 E Clarendon DrRound Lake BeachIL60073
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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
Investment Highlights
Investment property for sale in Round Lake Beach at 406 E Clarendon Dr, Round Lake Beach, IL, 60073 at $250,000 posts ROI 19.96% with $4/mo cash flow from $1,738/mo rent. Total monthly income equals $1,738/mo, and annual cash flow records $43/yr on $82,875 to close. Return on cash invested measures 19.96% and rental yield reads 8.34% at the current $250,000. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,070 by year five. Five-year ROI prints 104.12% and total cumulative return in cash totals $86,290.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,738/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1983
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: Nikki Nielsen • Keller Williams North Shore West
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12514734