806 Amber LnLake VillaIL60046
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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 Lake Villa at 806 Amber Ln, Lake Villa, IL, 60046 earns $183/mo cash flow from $4,338/mo rent with a $2,932/mo payment. Total monthly income totals $4,338/mo, and annual cash flow totals $2,196/yr on $197,071 capital. ROI tracks 21.17% on current figures, and rental yield reads 8.69% at a $599,000 purchase. Equity gained on principal adds $3,865/yr, and 5% annual appreciation supports $165,493 over five years. Five-year ROI reaches 110.61% and total cumulative return in cash sums $217,978. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,338/mo property income instead of your personal income.
Single Family
Built in 1992
1.68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60046, Lake Villa, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,135 (100%) |
| Owner Occupied HU | 10,597 (80.7%) |
| Renter Occupied HU | 1,982 (15.1%) |
| Vacant Housing Units | 556 ( 4.2%) |
| Median Home Value | $299,253 |
| Average Home Value | $330,842 |
Housing Distribution
Address Breakdown
Residential
12,961
Single Family
11,959
Multi-Family
1,002
Businesses
660
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Listed by: Kirk Bennett • ByOwner.com
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12430460