872 Lansing CtVernon HillsIL60061
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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 Vernon Hills at 872 Lansing Ct, Vernon Hills, IL, 60061 offers a 11.46% rental yield on a $335,000 purchase with $3,200/mo rent. Total monthly income registers $3,200/mo, and a $1,640/mo payment leaves $876/mo available for distribution. Annual cash flow reaches $10,512/yr on $111,053 to close, and return on cash invested stands at 29.38% in year one. Equity gained on principal adds $2,162/yr while 5% annual appreciation supports $92,554 over five years. Portfolio math shows five-year ROI at 154.63% and total cumulative return in cash at $171,716. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,200/mo property income against a $1,640/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1992
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60061, Vernon Hills, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,220 (100%) |
| Owner Occupied HU | 7,137 (63.6%) |
| Renter Occupied HU | 3,560 (31.7%) |
| Vacant Housing Units | 523 ( 4.7%) |
| Median Home Value | $404,450 |
| Average Home Value | $451,312 |
Housing Distribution
Address Breakdown
Residential
11,337
Single Family
7,825
Multi-Family
3,512
Businesses
887
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Listed by: Rutul Parekh • ARNI Realty Incorporated
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12481478