530 Meadow Green Ln UNIT 530Round LakeIL60073
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 Round Lake at 530 Meadow Green Ln UNIT 530, Round Lake, IL, 60073 earns $193/mo cash flow from $1,475/mo rent with a $905/mo payment. Total monthly income totals $1,475/mo, and annual cash flow totals $2,310/yr on $61,294 capital. ROI tracks 23.68% on current figures, and rental yield reads 9.57% at a $184,900 purchase. Equity gained on principal adds $1,193/yr, and 5% annual appreciation supports $51,084 over five years. Five-year ROI reaches 124.08% and total cumulative return in cash sums $76,051. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,475/mo property income instead of your personal income.
Townhouse
Built in 1983
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rafael Ruiz • Ruiz Realty, Inc.
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12550442