16446 W Cottonwood LnLockportIL60441
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
Investment Highlights
Investment property for sale in Lockport at 16446 W Cottonwood Ln, Lockport, IL, 60441 listed at $646,300 pairs $4,907/mo rent with a $3,163/mo payment to leave $424/mo cash flow. Total monthly income runs $4,907/mo, and annual cash flow reaches $5,094/yr on $212,633 cash to close. Return on cash invested measures 22.46% in year one, and rental yield registers 9.11% at a $646,300 basis. Equity gained on principal adds $4,170/yr, and annual property appreciation at 5% supports $178,561 by year five. Five-year ROI tracks 117.46% and total cumulative return in cash totals $249,760. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,907/mo property income relative to a $3,163/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60441, Lockport, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,170 (100%) |
| Owner Occupied HU | 11,273 (79.6%) |
| Renter Occupied HU | 2,280 (16.1%) |
| Vacant Housing Units | 617 ( 4.4%) |
| Median Home Value | $347,322 |
| Average Home Value | $382,093 |
Housing Distribution
Address Breakdown
Residential
13,319
Single Family
12,772
Multi-Family
547
Businesses
790
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices