1428 E Lyn CtHomewoodIL60430
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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 Homewood at 1428 E Lyn Ct, Homewood, IL, 60430 offers a 8.1% rental yield on a $299,000 purchase with $2,018/mo rent. 24% in year one. Equity gained on principal adds $1,929/yr while 5% annual appreciation supports $82,608 over five years. Portfolio math shows five-year ROI at 100.24% and total cumulative return in cash at $99,358. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,018/mo property income against a $1,463/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
8,100 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60430, Homewood, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,261 (100%) |
| Owner Occupied HU | 6,344 (76.8%) |
| Renter Occupied HU | 1,497 (18.1%) |
| Vacant Housing Units | 420 ( 5.1%) |
| Median Home Value | $235,144 |
| Average Home Value | $259,234 |
Housing Distribution
Address Breakdown
Residential
8,130
Single Family
6,573
Multi-Family
1,557
Businesses
927
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