569 Blazing Star DrLake VillaIL60046
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
Rental property for sale in Lake Villa at 569 Blazing Star Dr, Lake Villa, IL, 60046 generates $4,322/mo in rent and, after a $2,936/mo payment, leaves $161/mo in cash flow. Total monthly income is $4,322/mo, and annual cash flow is $1,934/yr on $197,367 invested. Return on cash invested sits at 21.04% in year one, and rental yield is 8.65% on a $599,900 entry. Equity gained on principal adds $3,871/yr, while 5% annual appreciation builds toward $165,741 over five years. Five-year ROI reaches 109.88% and total cumulative return in cash sums $216,868. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,322/mo property income rather than buyer’s personal income.
Single Family
Built in 2008
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60046, Lake Villa, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,135 (100%) |
| Owner Occupied HU | 10,597 (80.7%) |
| Renter Occupied HU | 1,982 (15.1%) |
| Vacant Housing Units | 556 ( 4.2%) |
| Median Home Value | $299,253 |
| Average Home Value | $330,842 |
Housing Distribution
Address Breakdown
Residential
12,961
Single Family
11,959
Multi-Family
1,002
Businesses
660
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dontae Kelly • Keller Williams North Shore West
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12554096