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34945 N Leonard Ave, Ingleside Investment Report: Flip & Rental Analysis · Frontflip
37
Rent up to $3,087, Values Rise 7%
Updated 9 days ago • 2 new comps
Your Investment Paths
Turnkey Rental
This property shows strong rental appeal with estimated monthly income ranging from $2,558 to $3,087. These figures, supported by recent market activity in Ingleside, offer a solid foundation for steady cash flow and investor returns. With an attractive rental yield of approximately 9.18% and a healthy projected annual appreciation of $15,655, this home represents a smart long-term opportunity. It is well-positioned to serve as a reliable income-generating asset for you.
More about this home
Neighborhood Assessment
Ingleside's Lake View Hills subdivision offers strong waterfront appeal with direct access to Redhead Lake and the Chain O'Lakes system—a genuine draw for boating enthusiasts. The neighborhood shows solid fundamentals: nearby Big Hollow schools (middle school rated 8/10), convenient Metra access to Chicago, and established residential character. However, the market here is modest, with comparable homes in the $280K–$440K range, indicating this is a secondary market without explosive growth potential.
Market Activity
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Rental Income
$34K
Yield
9.2%
Appreciation
$16K
Year 1 Estimates
Fix-and-Flip
Modernizing your home creates a refreshed, inviting space that resonates with buyers who value move-in ready comfort. While the current price per square foot for upgraded homes sits at $197 versus $229 for the broader market, these improvements unlock significant lifestyle benefits. Upgrading your property offers a distinct competitive edge, helping your home stand out in a crowded market. With steady rent potential around $3,054, this investment boosts immediate appeal and long-term desirability, creating a vibrant, modern living environment.
Comps
4
Buy-Rehab-Rent
This property offers solid rental potential with a projected monthly income of $3,053 and a strong 13.8% yield. Post-renovation values between $252,000 and $279,000 provide a clear target for stabilizing your initial investment and equity. While flip potential remains low, the steady cash flow makes this an excellent long-term hold. The 4.2% annual appreciation rate further strengthens the asset’s viability, creating a reliable foundation for a sustainable BRRRR strategy in this market.
Rental Income
$37K
Yield
13.8%
Appreciation
$11K
Year 1 Estimates, Post Typical Renovation
Estimated value
$369K
$79K over comp median
Comparative Market Analysis
$261K – $400K
~129 days to sell
Based on 8 comps