747 Garfield Ave APT CLibertyvilleIL60048
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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 747 Garfield Ave APT C, Libertyville, IL, 60048 with 5% annual appreciation on a $245,900 basis while $1,682/mo rent supports operations. 55% in year one. Equity gained on principal adds $1,587/yr, and five-year appreciation sums $67,938 alongside rental yield of 8.21%. Five-year ROI measures 101.92% and total cumulative return in cash totals $83,083. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,682/mo property income versus a $1,204/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1977
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: Fernando Godoy, ABR,CSC,PSA,RENE,SFR,SRS • eXp Realty
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12540931