10911 Settlers Pond CtFrankfortIL60423
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe 9.69% yield at 10911 Settlers Pond Ct, Frankfort, IL, 60423 in Frankfort is solid, but the $2,023/mo payment compresses net cash flow to $176/mo at $449,999. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $124,326 by year five, and $4,145/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.80) without U.S. income documentation. Total projected return: $184,932.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.7% | 7.0% |
| Monthly Cash Flow | $176 | $300 |
City averages based on Frankfort market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,632 |
| Total Monthly Debt Service | $3,277 |
| DSCR Ratio | 1.11x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 1999
3,920 sqft lot
$N/A/sqft
$335 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60423, Frankfort, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,966 (100%) |
| Owner Occupied HU | 10,893 (91.0%) |
| Renter Occupied HU | 765 ( 6.4%) |
| Vacant Housing Units | 308 ( 2.6%) |
| Median Home Value | $435,149 |
| Average Home Value | $465,140 |
Housing Distribution
Address Breakdown
Residential
11,840
Single Family
11,488
Multi-Family
352
Businesses
1,327
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
Townhouse
Built in 1999
3,920 sqft lot
$N/A/sqft
$335 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60423, Frankfort, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,966 (100%) |
| Owner Occupied HU | 10,893 (91.0%) |
| Renter Occupied HU | 765 ( 6.4%) |
| Vacant Housing Units | 308 ( 2.6%) |
| Median Home Value | $435,149 |
| Average Home Value | $465,140 |
Housing Distribution
Address Breakdown
Residential
11,840
Single Family
11,488
Multi-Family
352
Businesses
1,327
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices