468 Woodland Chase LnVernon HillsIL60061
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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
Rental property for sale in Vernon Hills at 468 Woodland Chase Ln, Vernon Hills, IL, 60061 offers $4,935/mo rent that, after a $6,852/mo payment. Total monthly income is $4,935/mo. Return on cash invested measures 7.74% in year one, and rental yield stands at 4.23% at a $1,399,900 entry. Equity gained on principal adds $9,033/yr while 5% annual appreciation compounds into $386,767 by year five. Five-year ROI records 38.47% and total cumulative return in cash reaches $174,480. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,935/mo property income versus a $6,852/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2019
8,520 sqft 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
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Listed by: Jeff Ohm • Premier Realty Group, Inc.
Mls Name: MRED as distributed by MLS GRID
Mls ID: #10642680