89 Maude Ave APT AFox LakeIL60020
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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 Fox Lake at 89 Maude Ave APT A, Fox Lake, IL, 60020 priced at $155,000 converts $1,192/mo rent into $117/mo cash flow after a $759/mo obligation. Total monthly income equals $1,192/mo, and annual cash flow totals $1,398/yr on $51,383 invested. Return on cash invested prints 22.63% in year one, and rental yield reads 9.23% against a $155,000 entry. Equity gained on principal adds $1,000/yr, while 5% annual appreciation compiles into $42,824 by year five. Five-year ROI reaches 118.48% and total cumulative return in cash sums $60,880. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,192/mo property income covering a $759/mo payment, not borrower’s personal income.
Townhouse
Built in 1977
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60020, Fox Lake, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,686 (100%) |
| Owner Occupied HU | 3,560 (62.6%) |
| Renter Occupied HU | 1,446 (25.4%) |
| Vacant Housing Units | 680 (12.0%) |
| Median Home Value | $274,201 |
| Average Home Value | $328,237 |
Housing Distribution
Address Breakdown
Residential
5,603
Single Family
4,860
Multi-Family
743
Businesses
342
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