642 Castle Wynd DrLoves ParkIL61111
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 Loves Park at 642 Castle Wynd Dr, Loves Park, IL, 61111 at $378,500 posts ROI 25.1% with $543/mo cash flow from $3,187/mo rent. Total monthly income equals $3,187/mo, and annual cash flow records $6,515/yr on $125,473 to close. Return on cash invested measures 25.1% and rental yield reads 10.1% at the current $378,500. Equity gained on principal adds $2,442/yr, and 5% annual appreciation supports $104,573 by year five. Five-year ROI prints 131.72% and total cumulative return in cash totals $165,274.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,187/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2005
0.27 Acres lot
$N/A/sqft
$220 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61111, Loves Park, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,578 (100%) |
| Owner Occupied HU | 6,876 (65.0%) |
| Renter Occupied HU | 3,248 (30.7%) |
| Vacant Housing Units | 454 ( 4.3%) |
| Median Home Value | $166,525 |
| Average Home Value | $191,823 |
Housing Distribution
Address Breakdown
Residential
10,594
Single Family
10,170
Multi-Family
424
Businesses
1,016
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Listed by: Gregory Maurer • Exit Realty Redefined Maurer Group
Mls Name: NorthWest Illinois Alliance of REALTORS
Mls Provider:
Mls ID: #202404985
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.