737 Garfield Ave APT BLibertyvilleIL60048
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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 Libertyville at 737 Garfield Ave APT B, Libertyville, IL, 60048 earns $40/mo cash flow from $1,496/mo rent with a $1,027/mo payment. Total monthly income totals $1,496/mo, and annual cash flow totals $485/yr on $69,582 capital. ROI tracks 20.61% on current figures, and rental yield reads 8.55% at a $209,900 purchase. Equity gained on principal adds $1,354/yr, and 5% annual appreciation supports $57,992 over five years. Five-year ROI reaches 107.61% and total cumulative return in cash sums $74,876. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,496/mo property income instead of your personal income.
Condo
Built in 1980
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60048, Libertyville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,245 (100%) |
| Owner Occupied HU | 9,528 (77.8%) |
| Renter Occupied HU | 1,870 (15.3%) |
| Vacant Housing Units | 847 ( 6.9%) |
| Median Home Value | $552,210 |
| Average Home Value | $614,286 |
Housing Distribution
Address Breakdown
Residential
11,255
Single Family
9,750
Multi-Family
1,505
Businesses
1,599
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Listed by: Hope D Korn, e-PRO,GRI,SFR • Compass
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12548808