905 Rockland RdLake BluffIL60044
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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 Bluff at 905 Rockland Rd, Lake Bluff, IL, 60044 priced at $190,000 converts $2,396/mo rent into $1,078/mo cash flow after a $930/mo obligation. Total monthly income equals $2,396/mo, and annual cash flow totals $12,937/yr on $62,985 invested. Return on cash invested prints 40.45% in year one, and rental yield reads 15.13% against a $190,000 entry. Equity gained on principal adds $1,226/yr, while 5% annual appreciation compiles into $52,494 by year five. Five-year ROI reaches 214.03% and total cumulative return in cash sums $134,808. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,396/mo property income covering a $930/mo payment, not borrower’s personal income.
Single Family
Built in 1953
5,710 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60044, Lake Bluff, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,469 (100%) |
| Owner Occupied HU | 3,046 (68.2%) |
| Renter Occupied HU | 1,140 (25.5%) |
| Vacant Housing Units | 283 ( 6.3%) |
| Median Home Value | $570,313 |
| Average Home Value | $665,553 |
Housing Distribution
Address Breakdown
Residential
4,240
Single Family
3,426
Multi-Family
814
Businesses
682
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