16905 S Deer Path Dr

Homer Glen, IL 60491
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3 bd, 3 ba | 2,200 sqft | Built in 1995

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List Price
$539,900

Initial Investment

$147,123

Purchase Price

$539,900

Down Payment

25%

Rent

$3,290

Total Return

$123,393

Annualized Return

11.5%

Cap Rate

3.2%

Gross Yield

7.3%

Cash Flow

-$13,322

Appreciation

6.4%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

20,181

HOA

$17/mo

Flood Risk

Not Required

Welcome to this stunning all-brick split floor ranch nestled in Homer Glen's Wedgwood Highlands, situated on a premium 1/2 acre corner lot. This immaculate home boasts numerous upgrades, including new windows, hardwood floors, roof(2024), furnace, and A/C(2024). The kitchen features granite counters, stainless steel appliances with a built-in double oven, and a convenient kitchen island with a breakfast bar. Custom ceilings and a cozy brick fireplace enhance the living spaces, complemented by skylights and hardwood flooring throughout. The master suite offers luxury with a whirlpool tub, separate shower, and dual vanities, alongside spacious walk-in closets. A full unfinished basement with a rough-in bathroom provides ample potential for customization. Outside, enjoy the expansive backyard, sprinkler system and brand new oversized Trex composite decking, perfect for outdoor entertaining. Additional highlights include a 3-car garage and the tranquility of a sought-after neighborhood.

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

Annual Financial Highlights

Expected Rent

$37,506

Expenses

-$6,876

Property Taxes

-$14,600

Loan Payments

-$29,352

Net Cash Flow

-$13,322

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:Margaret Wilk
Agent License 475103082
RE/MAX 10
Certified Agent Brokerage:Jake Fugman
eXp Realty - Jake Fugman - Axon Group
SourceMidwest Real Estate Data LLC (MRED/MAP/MLSNI)
MLS #12214239
Last Updated: 11/20/2024 19:11
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