452 Harrison CtVernon HillsIL60061
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
Investment Highlights
Investment property for sale in Vernon Hills at 452 Harrison Ct, Vernon Hills, IL, 60061 uses $89,505 cash to close to unlock $7,281/yr annual cash flow and $607/mo monthly cash flow. Total monthly income runs $2,480/mo, and a $1,322/mo payment keeps the spread at $607/mo. Purchase price stands at $270,000, and rental yield measures 11.02% with $2,480/mo rent. Return on cash invested shows 28.04% in year one, and 5% annual appreciation builds toward $74,596 over five years. Five-year ROI reaches 147.47% and total cumulative return in cash records $131,989. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,480/mo property income covering a $1,322/mo payment rather than investor’s personal income.
Townhouse
Built in 1978
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60061, Vernon Hills, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,220 (100%) |
| Owner Occupied HU | 7,137 (63.6%) |
| Renter Occupied HU | 3,560 (31.7%) |
| Vacant Housing Units | 523 ( 4.7%) |
| Median Home Value | $404,450 |
| Average Home Value | $451,312 |
Housing Distribution
Address Breakdown
Residential
11,337
Single Family
7,825
Multi-Family
3,512
Businesses
887
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Debra Baker • Compass
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12437843