1228 Prairie LnLemontIL60439
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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 1228 Prairie Ln, Lemont, IL, 60439 with 5% annual appreciation on a $525,990 basis while $2,760/mo rent supports operations. 9% in year one. Equity gained on principal adds $3,394/yr, and five-year appreciation sums $145,321 alongside rental yield of 6.3%. Five-year ROI measures 71.62% and total cumulative return in cash totals $123,932. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,760/mo property income versus a $2,574/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 2024
3,710 sqft 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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