541 Fox Ridge Dr #541Fox LakeIL60020
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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 Fox Lake at 541 Fox Ridge Dr #541, Fox Lake, IL, 60020 uses $66,267 cash to close to unlock $4,966/yr annual cash flow and $414/mo monthly cash flow. Total monthly income runs $1,800/mo, and a $978/mo payment keeps the spread at $414/mo. Purchase price stands at $199,900, and rental yield measures 10.81% with $1,800/mo rent. Return on cash invested shows 27.4% in year one, and 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 144.02% and total cumulative return in cash records $95,437. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,800/mo property income covering a $978/mo payment rather than investor’s personal income.
Townhouse
Built in 2002
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60020, Fox Lake, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,686 (100%) |
| Owner Occupied HU | 3,560 (62.6%) |
| Renter Occupied HU | 1,446 (25.4%) |
| Vacant Housing Units | 680 (12.0%) |
| Median Home Value | $274,201 |
| Average Home Value | $328,237 |
Housing Distribution
Address Breakdown
Residential
5,603
Single Family
4,860
Multi-Family
743
Businesses
342
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