601 Sheridan DrWaucondaIL60084
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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 Wauconda at 601 Sheridan Dr, Wauconda, IL, 60084 uses $94,743 cash to close to unlock $10,787/yr annual cash flow and $899/mo monthly cash flow. Total monthly income runs $2,976/mo, and a $1,399/mo payment keeps the spread at $899/mo. Purchase price stands at $285,800, and rental yield measures 12.5% with $2,976/mo rent. Return on cash invested shows 31.29% in year one, and 5% annual appreciation builds toward $78,961 over five years. Five-year ROI reaches 165.31% and total cumulative return in cash records $156,618. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,976/mo property income covering a $1,399/mo payment rather than investor’s personal income.
Single Family
Built in 1958
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60084, Wauconda, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,841 (100%) |
| Owner Occupied HU | 5,149 (75.3%) |
| Renter Occupied HU | 1,355 (19.8%) |
| Vacant Housing Units | 337 ( 4.9%) |
| Median Home Value | $320,815 |
| Average Home Value | $347,821 |
Housing Distribution
Address Breakdown
Residential
6,689
Single Family
6,118
Multi-Family
571
Businesses
686
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