1444 E Thousand North RdLakewoodIL62438
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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 Lakewood at 1444 E Thousand North Rd, Lakewood, IL, 62438 offers a 0% rental yield on a $549,900 purchase with $0/mo rent. 24% in year one. Equity gained on principal adds $3,548/yr while 5% annual appreciation supports $151,927 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $2,691/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2015
18.09 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62438, Lakewood, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 156 (100%) |
| Owner Occupied HU | 124 (79.5%) |
| Renter Occupied HU | 11 ( 7.1%) |
| Vacant Housing Units | 21 (13.5%) |
| Median Home Value | $315,942 |
| Average Home Value | $281,129 |
Housing Distribution
Address Breakdown
Residential
138
Single Family
138
Multi-Family
0
Businesses
1
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