937 Mesa DrLake In The HillsIL60156
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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 Lake In The Hills at 937 Mesa Dr, Lake In The Hills, IL, 60156 uses $91,163 cash to close to unlock $8,046/yr annual cash flow and $671/mo monthly cash flow. Total monthly income runs $2,578/mo, and a $1,346/mo payment keeps the spread at $671/mo. Purchase price stands at $275,000, and rental yield measures 11.25% with $2,578/mo rent. Return on cash invested shows 28.74% in year one, and 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 151.17% and total cumulative return in cash records $137,807. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,578/mo property income covering a $1,346/mo payment rather than investor’s personal income.
Townhouse
Built in 1996
2,310 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60156, Lake In The Hills, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,299 (100%) |
| Owner Occupied HU | 8,711 (84.6%) |
| Renter Occupied HU | 1,327 (12.9%) |
| Vacant Housing Units | 261 ( 2.5%) |
| Median Home Value | $319,143 |
| Average Home Value | $336,379 |
Housing Distribution
Address Breakdown
Residential
10,224
Single Family
9,692
Multi-Family
532
Businesses
459
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Listed by: Jack Sheetz • Baird & Warner
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12505007