73 S Beck RdLindenhurstIL60046
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 73 S Beck Rd, Lindenhurst, IL, 60046 in Lindenhurst at $300,000 earns $2,160/mo in rent and nets $79/mo after the $1,349/mo payment, a 8.64% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $82,884 over five years. Ziffy Mortgage underwrites this on a 1.60 DSCR without U.S. credit history. With $2,763/yr in principal paydown, total projected return reaches $119,860.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.6% | 6.0% |
| Monthly Cash Flow | $79 | $300 |
City averages based on Lindenhurst market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,160 |
| Total Monthly Debt Service | $1,961 |
| DSCR Ratio | 1.10x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1979
0.38 Acres 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
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
Single Family
Built in 1979
0.38 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Gina Back • HomeSmart Connect LLC
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12571540