1-150R Perry CtLanarkIL61046
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment Highlights
Investment property for sale in Lanark at 1-150R Perry Ct, Lanark, IL, 61046 earns from $1,867/mo rent with a $1,953/mo payment. Total monthly income totals $1,867/mo. ROI tracks 11.74% on current figures, and rental yield reads 5.62% at a $399,000 purchase. Equity gained on principal adds $2,575/yr, and 5% annual appreciation supports $110,236 over five years. Five-year ROI reaches 60.02% and total cumulative return in cash sums $79,382. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,867/mo property income instead of your personal income.
Single Family
Built in 2006
0.78 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61046, Lanark, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,063 (100%) |
| Owner Occupied HU | 1,036 (50.2%) |
| Renter Occupied HU | 234 (11.3%) |
| Vacant Housing Units | 793 (38.4%) |
| Median Home Value | $169,063 |
| Average Home Value | $234,614 |
Housing Distribution
Address Breakdown
Residential
1,478
Single Family
1,462
Multi-Family
16
Businesses
83
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices