11702 Center DrLemontIL60439
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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 Lemont at 11702 Center Dr, Lemont, IL, 60439 uses $298,074 cash to close to unlock $1,011/yr annual cash flow and $84/mo monthly cash flow. Total monthly income runs $6,368/mo, and a $4,434/mo payment keeps the spread at $84/mo. Purchase price stands at $906,000, and rental yield measures 8.43% with $6,368/mo rent. Return on cash invested shows 20.4% in year one, and 5% annual appreciation builds toward $250,311 over five years. Five-year ROI reaches 106.43% and total cumulative return in cash records $317,243. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,368/mo property income covering a $4,434/mo payment rather than investor’s personal income.
Single Family
Built in 1961
1.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60439, Lemont, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,725 (100%) |
| Owner Occupied HU | 7,954 (81.8%) |
| Renter Occupied HU | 1,290 (13.3%) |
| Vacant Housing Units | 481 ( 4.9%) |
| Median Home Value | $463,880 |
| Average Home Value | $514,468 |
Housing Distribution
Address Breakdown
Residential
9,262
Single Family
8,782
Multi-Family
480
Businesses
685
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