724 Mohawk Dr, Round Lake Heights, IL, 60073 | 8.23% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $1,612/mo, and a $1,150/mo payment. Purchase price stands at $235,000, and rental yield measures 8.23% with $1,612/mo rent. Return on cash invested shows 19.63% in year one, and 5% annual appreciation builds toward $64,926 over five years. Five-year ROI reaches 102.4% and total cumulative return in cash records $79,768. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,612/mo property income covering a $1,150/mo payment rather than investor’s personal income.

Single Family

Built in 1947

8,220 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