415 Newbury DrIsland 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
Investment property for sale in Island Lake at 415 Newbury Dr, Island Lake, IL, 60042 at $264,900 posts ROI 20.1% with $14/mo cash flow from $1,852/mo rent. Total monthly income equals $1,852/mo, and annual cash flow records $170/yr on $87,814 to close. Return on cash invested measures 20.1% and rental yield reads 8.39% at the current $264,900. Equity gained on principal adds $1,709/yr, and 5% annual appreciation supports $73,187 by year five. Five-year ROI prints 104.9% and total cumulative return in cash totals $92,120.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,852/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 1992
3,150 sqft 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: Rick Leavitt • RE/MAX Plaza
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12530012