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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 Crystal Lake at 1240 Walnut Glen Dr, Crystal Lake, IL, 60014 uses $102,765 cash to close to unlock $9,961/yr annual cash flow and $830/mo monthly cash flow. Total monthly income runs $2,980/mo, and a $1,517/mo payment keeps the spread at $830/mo. Purchase price stands at $310,000, and rental yield measures 11.54% with $2,980/mo rent. Return on cash invested shows 29.6% in year one, and 5% annual appreciation builds toward $85,647 over five years. Five-year ROI reaches 155.84% and total cumulative return in cash records $160,147. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,980/mo property income covering a $1,517/mo payment rather than investor’s personal income.
Townhouse
Built in 2006
N/A lot
$N/A/sqft
No HOA
More details about the property
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 |
Housing Distribution
Address Breakdown
Residential
18,377
Single Family
16,184
Multi-Family
2,193
Businesses
1,699
Price History
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
No similar price properties found nearby.
Facts & Features
General Information
- Type: Townhouse
- Year Built: 2006
- Architectural Style: N/A
- Building Area: N/A
- Living Area: N/A
- Property Condition: N/A
Features & Amenities
- Heating: N/A
- Cooling: N/A
- Flooring: N/A
- Interior Features: N/A
- Exterior Features: N/A
- Parking Features: Asphalt, Garage Door Opener, Garage Owned, Attached, Garage
Location
- City: N/A
- Subdivision: N/A
- Lot Size: N/A
- Lot Features: N/A
- View: N/A
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: N/A
- Water Source: N/A
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Miranda Alt • Keller Williams Success Realty
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12502435