5881 Teal LnLong GroveIL60047
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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 Long Grove at 5881 Teal Ln, Long Grove, IL, 60047 earns from $7,320/mo rent with a $9,050/mo payment. Total monthly income totals $7,320/mo. ROI tracks 9.34% on current figures, and rental yield reads 4.75% at a $1,849,000 purchase. Equity gained on principal adds $11,931/yr, and 5% annual appreciation supports $510,845 over five years. Five-year ROI reaches 47.08% and total cumulative return in cash sums $282,047. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $7,320/mo property income instead of your personal income.
Single Family
Built in 1999
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60047, Lake Zurich, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,786 (100%) |
| Owner Occupied HU | 13,527 (85.7%) |
| Renter Occupied HU | 1,704 (10.8%) |
| Vacant Housing Units | 555 ( 3.5%) |
| Median Home Value | $526,302 |
| Average Home Value | $573,642 |
Housing Distribution
Address Breakdown
Residential
15,304
Single Family
14,720
Multi-Family
584
Businesses
1,275
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Listed by: Judy Greenberg • Compass
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12535906