1406 Ridgeway Ave

Round Lake Beach, IL 60073
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3 bd, 2 ba | 1,950 sqft | Built in 1972

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List Price
$299,900

Initial Investment

$81,723

Purchase Price

$299,900

Down Payment

25%

Rent

$2,480

Total Return

$113,474

Annualized Return

19.8%

Cap Rate

6.5%

Gross Yield

9.9%

Cash Flow

$2,164

Appreciation

6.0%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

0

HOA

None

Flood Risk

Not Required


See more in Analysis
Jake Fugman
eXp Realty - Jake Fugman - Axon Group

Annual Financial Highlights

Expected Rent

$28,272

Expenses

-$5,293

Property Taxes

-$4,510

Loan Payments

-$16,304

Net Cash Flow

$2,164

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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Listing Courtesy of:Rachael West
Agent License 475195413
eXp Realty, LLC
Certified Agent Brokerage:Jake Fugman
eXp Realty - Jake Fugman - Axon Group
SourceMidwest Real Estate Data LLC (MRED/MAP/MLSNI)
MLS #12339643
Last Updated: 04/20/2025 00:04
Disclaimer: The accuracy of this information is deemed reliable but not guaranteed or warrantied. All information should be independently verified before making purchase decisions. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The content relating to real estate for sale on this website appears courtesy of the Multiple Listing Service (MLS) listed as the “Source” on this page. Individual listings appear with the permission of the real estate brokerage identified under the “Listing Agent” on this page.