8043 Cripple Creek DrLong GroveIL60047
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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 Long Grove at 8043 Cripple Creek Dr, Long Grove, IL, 60047 listed at $668,000 pairs $3,401/mo rent with a $3,270/mo payment. Total monthly income runs $3,401/mo. Return on cash invested measures 13.33% in year one, and rental yield registers 6.11% at a $668,000 basis. Equity gained on principal adds $4,311/yr, and annual property appreciation at 5% supports $184,556 by year five. Five-year ROI tracks 68.53% and total cumulative return in cash totals $150,601. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,401/mo property income relative to a $3,270/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2002
10,018 sqft 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: Jane Jeon • Century 21 Utmost
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12452922