616 Parkside CtLibertyvilleIL60048
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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
Rental property for sale in Libertyville at 616 Parkside Ct, Libertyville, IL, 60048 offers $4,956/mo rent that, after a $3,279/mo payment, leaves $309/mo cash flow. Total monthly income is $4,956/mo, and annual cash flow is $3,709/yr on $220,427 cash. Return on cash invested measures 21.74% in year one, and rental yield stands at 8.88% at a $669,990 entry. Equity gained on principal adds $4,323/yr while 5% annual appreciation compounds into $185,106 by year five. Five-year ROI records 113.64% and total cumulative return in cash reaches $250,502. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,956/mo property income versus a $3,279/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2017
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60048, Libertyville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,245 (100%) |
| Owner Occupied HU | 9,528 (77.8%) |
| Renter Occupied HU | 1,870 (15.3%) |
| Vacant Housing Units | 847 ( 6.9%) |
| Median Home Value | $552,210 |
| Average Home Value | $614,286 |
Housing Distribution
Address Breakdown
Residential
11,255
Single Family
9,750
Multi-Family
1,505
Businesses
1,599
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Listed by: Lori Howe • Keller Williams North Shore West
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12505462