8506 Redbud CtWonder 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 8506 Redbud Ct, Wonder Lake, IL, 60097 earns $548/mo cash flow from $2,400/mo rent with a $1,307/mo payment. Total monthly income totals $2,400/mo, and annual cash flow totals $6,574/yr on $88,511 capital. ROI tracks 27.34% on current figures, and rental yield reads 10.79% at a $267,000 purchase. Equity gained on principal adds $1,723/yr, and 5% annual appreciation supports $73,767 over five years. Five-year ROI reaches 143.65% and total cumulative return in cash sums $127,147. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,400/mo property income instead of your personal income.
Multi Family
Built in 2021
N/A 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: Sue Perdue • Baird & Warner
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12418233