718 Baxter CtLake VillaIL60046
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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
Investment property for sale in Lake Villa at 718 Baxter Ct, Lake Villa, IL, 60046 offers a 8.54% rental yield on a $239,900 purchase with $1,707/mo rent. Total monthly income registers $1,707/mo, and a $1,174/mo payment leaves $43/mo available for distribution. Annual cash flow reaches $518/yr on $79,527 to close, and return on cash invested stands at 20.56% in year one. Equity gained on principal adds $1,548/yr while 5% annual appreciation supports $66,280 over five years. Portfolio math shows five-year ROI at 107.38% and total cumulative return in cash at $85,399. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,707/mo property income against a $1,174/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1999
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60046, Lake Villa, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,135 (100%) |
| Owner Occupied HU | 10,597 (80.7%) |
| Renter Occupied HU | 1,982 (15.1%) |
| Vacant Housing Units | 556 ( 4.2%) |
| Median Home Value | $299,253 |
| Average Home Value | $330,842 |
Housing Distribution
Address Breakdown
Residential
12,961
Single Family
11,959
Multi-Family
1,002
Businesses
660
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Listed by: Lisa Wolf • Keller Williams North Shore West
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12528505