16901 Ennerdale Ave, Lockport, IL, 60441 | 5.89% Rental Yield

For Sale

Listed for sale 1 day ago

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $2,550/mo, and a $2,545/mo payment. Purchase price stands at $519,900, and rental yield measures 5.89% with $2,550/mo rent. Return on cash invested shows 12.65% in year one, and 5% annual appreciation builds toward $143,639 over five years. Five-year ROI reaches 64.87% and total cumulative return in cash records $110,956. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,550/mo property income covering a $2,545/mo payment rather than investor’s personal income.

Single Family

Built in 2013

6,534 sqft 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