433 E High StMundeleinIL60060
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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 Mundelein at 433 E High St, Mundelein, IL, 60060 uses $87,450 cash to close to unlock $9,145/yr annual cash flow and $762/mo monthly cash flow. Total monthly income runs $2,666/mo, and a $1,291/mo payment keeps the spread at $762/mo. Purchase price stands at $263,800, and rental yield measures 12.13% with $2,666/mo rent. Return on cash invested shows 30.37% in year one, and 5% annual appreciation builds toward $72,883 over five years. Five-year ROI reaches 160.31% and total cumulative return in cash records $140,195. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,666/mo property income covering a $1,291/mo payment rather than investor’s personal income.
Single Family
Built in 1959
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60060, Mundelein, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,538 (100%) |
| Owner Occupied HU | 10,675 (73.4%) |
| Renter Occupied HU | 3,219 (22.1%) |
| Vacant Housing Units | 644 ( 4.4%) |
| Median Home Value | $338,131 |
| Average Home Value | $395,909 |
Housing Distribution
Address Breakdown
Residential
13,969
Single Family
12,118
Multi-Family
1,851
Businesses
1,050
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