6976 Brightwater DrFox LakeIL60020
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 Fox Lake at 6976 Brightwater Dr, Fox Lake, IL, 60020 listed at $286,300 pairs $3,151/mo rent with a $1,401/mo payment to leave $1,018/mo cash flow. Total monthly income runs $3,151/mo, and annual cash flow reaches $12,222/yr on $94,908 cash to close. Return on cash invested measures 32.79% in year one, and rental yield registers 13.21% at a $286,300 basis. Equity gained on principal adds $1,847/yr, and annual property appreciation at 5% supports $79,099 by year five. Five-year ROI tracks 173.57% and total cumulative return in cash totals $164,731. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,151/mo property income relative to a $1,401/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2004
4,356 sqft lot
$N/A/sqft
$147 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60020, Fox Lake, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,686 (100%) |
| Owner Occupied HU | 3,560 (62.6%) |
| Renter Occupied HU | 1,446 (25.4%) |
| Vacant Housing Units | 680 (12.0%) |
| Median Home Value | $274,201 |
| Average Home Value | $328,237 |
Housing Distribution
Address Breakdown
Residential
5,603
Single Family
4,860
Multi-Family
743
Businesses
342
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices