605 Lake Shore BlvdWaucondaIL60084
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 Wauconda at 605 Lake Shore Blvd, Wauconda, IL, 60084 with 5% annual appreciation on a $1,508,100 basis while $5,840/mo rent supports operations. 02% in year one. Equity gained on principal adds $9,732/yr, and five-year appreciation sums $416,660 alongside rental yield of 4.65%. Five-year ROI measures 45.37% and total cumulative return in cash totals $221,686. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,840/mo property income versus a $7,381/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1997
0.84 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices