9804 Palmer Dr, Village Of Lakewood, IL, 60014 | $646/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Village Of Lakewood at 9804 Palmer Dr, Village Of Lakewood, IL, 60014 offers a 9.26% rental yield on a $825,000 purchase with $6,368/mo rent. Total monthly income registers $6,368/mo, and a $4,038/mo payment leaves $646/mo available for distribution. Annual cash flow reaches $7,747/yr on $271,425 to close, and return on cash invested stands at 22.91% in year one. Equity gained on principal adds $5,324/yr while 5% annual appreciation supports $227,932 over five years. Portfolio math shows five-year ROI at 119.91% and total cumulative return in cash at $325,473. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,368/mo property income against a $4,038/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2004

0.58 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 60014, Crystal Lake, IL area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	18,766 (100%)
Owner Occupied HU	14,261 (76.0%)
Renter Occupied HU	3,812 (20.3%)
Vacant Housing Units	693 ( 3.7%)
Median Home Value	$342,930
Average Home Value	$362,214