626 S Curran RdRound LakeIL60073
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 Round Lake at 626 S Curran Rd, Round Lake, IL, 60073 uses $91,163 cash to close to unlock $7,770/yr annual cash flow and $648/mo monthly cash flow. Total monthly income runs $2,555/mo, and a $1,346/mo payment keeps the spread at $648/mo. Purchase price stands at $275,000, and rental yield measures 11.15% with $2,555/mo rent. Return on cash invested shows 28.43% in year one, and 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 149.55% and total cumulative return in cash records $136,331. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,555/mo property income covering a $1,346/mo payment rather than investor’s personal income.
Multi Family
Built in 2004
3,626 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60073, Round Lake, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,160 (100%) |
| Owner Occupied HU | 14,941 (74.1%) |
| Renter Occupied HU | 4,561 (22.6%) |
| Vacant Housing Units | 658 ( 3.3%) |
| Median Home Value | $237,289 |
| Average Home Value | $263,973 |
Housing Distribution
Address Breakdown
Residential
19,696
Single Family
18,416
Multi-Family
1,280
Businesses
799
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jamie Hering • Coldwell Banker Realty
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12474582