870 March StLake ZurichIL60047
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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
Rental property for sale in Lake Zurich at 870 March St, Lake Zurich, IL, 60047 offers $4,196/mo rent that, after a $2,203/mo payment, leaves $1,074/mo cash flow. Total monthly income is $4,196/mo, and annual cash flow is $12,891/yr on $149,175 cash. Return on cash invested measures 28.55% in year one, and rental yield stands at 11.19% at a $450,000 entry. Equity gained on principal adds $2,904/yr while 5% annual appreciation compounds into $124,327 by year five. Five-year ROI records 150.18% and total cumulative return in cash reaches $224,034. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,196/mo property income versus a $2,203/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 2001
N/A 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: Samuel Lubeck • Baird & Warner
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12515710