748 June TerLake ZurichIL60047
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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
Rental property for sale in Lake Zurich at 748 June Ter, Lake Zurich, IL, 60047 offers $2,326/mo rent that, after a $1,664/mo payment. Total monthly income is $2,326/mo. Return on cash invested measures 19.57% in year one, and rental yield stands at 8.21% at a $340,000 entry. Equity gained on principal adds $2,194/yr while 5% annual appreciation compounds into $93,936 by year five. Five-year ROI records 101.98% and total cumulative return in cash reaches $114,942. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,326/mo property income versus a $1,664/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2004
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60047, Lake Zurich, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,786 (100%) |
| Owner Occupied HU | 13,527 (85.7%) |
| Renter Occupied HU | 1,704 (10.8%) |
| Vacant Housing Units | 555 ( 3.5%) |
| Median Home Value | $526,302 |
| Average Home Value | $573,642 |
Housing Distribution
Address Breakdown
Residential
15,304
Single Family
14,720
Multi-Family
584
Businesses
1,275
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Listed by: Leslie McDonnell • RE/MAX Suburban
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12534033