109 Hickory StNew LenoxIL60451
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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 New Lenox at 109 Hickory St, New Lenox, IL, 60451 at $383,200 posts ROI 40.26% with $2,155/mo cash flow from $4,885/mo rent. Total monthly income equals $4,885/mo, and annual cash flow records $25,857/yr on $127,031 to close. Return on cash invested measures 40.26% and rental yield reads 15.3% at the current $383,200. Equity gained on principal adds $2,473/yr, and 5% annual appreciation supports $105,871 by year five. Five-year ROI prints 213.22% and total cumulative return in cash totals $270,861.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,885/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2015
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60451, New Lenox, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,629 (100%) |
| Owner Occupied HU | 12,081 (88.6%) |
| Renter Occupied HU | 1,087 ( 8.0%) |
| Vacant Housing Units | 461 ( 3.4%) |
| Median Home Value | $392,998 |
| Average Home Value | $431,186 |
Housing Distribution
Address Breakdown
Residential
13,287
Single Family
12,847
Multi-Family
440
Businesses
1,182
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