420 Meadow Green LnRound Lake BeachIL60073
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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 Round Lake Beach at 420 Meadow Green Ln, Round Lake Beach, IL, 60073 with 5% annual appreciation on a $194,990 basis while $1,531/mo rent supports operations. Total monthly income totals $1,531/mo and a $954/mo payment preserves $179/mo for cash returns. Annual cash flow comes to $2,147/yr on $64,639 deployed, and return on cash invested reaches 23.23% in year one. Equity gained on principal adds $1,258/yr, and five-year appreciation sums $53,872 alongside rental yield of 9.42%. Five-year ROI measures 121.63% and total cumulative return in cash totals $78,619.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,531/mo property income versus a $954/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 1982
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: Nirmit Parekh • ARNI Realty Incorporated
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12540349