7526 Salem RdWonder LakeIL60097
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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 Wonder Lake at 7526 Salem Rd, Wonder Lake, IL, 60097 earns $222/mo cash flow from $2,088/mo rent with a $1,317/mo payment. Total monthly income totals $2,088/mo, and annual cash flow totals $2,661/yr on $89,174 capital. ROI tracks 22.89% on current figures, and rental yield reads 9.31% at a $269,000 purchase. Equity gained on principal adds $1,736/yr, and 5% annual appreciation supports $74,320 over five years. Five-year ROI reaches 119.83% and total cumulative return in cash sums $106,859. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,088/mo property income instead of your personal income.
Single Family
Built in 1939
5,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60097, Wonder Lake, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,299 (100%) |
| Owner Occupied HU | 4,168 (78.7%) |
| Renter Occupied HU | 729 (13.8%) |
| Vacant Housing Units | 402 ( 7.6%) |
| Median Home Value | $300,818 |
| Average Home Value | $322,895 |
Housing Distribution
Address Breakdown
Residential
4,767
Single Family
4,767
Multi-Family
0
Businesses
118
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Listed by: Melchor Domantay • Second City Real Estate
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12505647