854 Everett RdLake ForestIL60045
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Forest at 854 Everett Rd, Lake Forest, IL, 60045 priced at $1,824,000 pairs $9,378/mo rent with after a $8,928/mo payment. Total monthly income equals $9,378/mo. Return on cash invested is 13.72% in year one, and rental yield stands at 6.17% on a $1,824,000 basis. Equity gained on principal adds $11,770/yr, and 5% annual appreciation accumulates to $503,938 by year five. Five-year ROI measures 70.56% and total cumulative return in cash reaches $417,010. For financing, Ziffy Mortgage’s DSCR program evaluates $9,378/mo property income against a $8,928/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2023
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60045, Lake Forest, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,454 (100%) |
| Owner Occupied HU | 6,675 (79.0%) |
| Renter Occupied HU | 1,030 (12.2%) |
| Vacant Housing Units | 749 ( 8.9%) |
| Median Home Value | $893,908 |
| Average Home Value | $1,015,890 |
Housing Distribution
Address Breakdown
Residential
8,147
Single Family
7,248
Multi-Family
899
Businesses
890
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Listed by: N/A • N/A
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