17020 Delevan StLockportIL60441
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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 Lockport at 17020 Delevan St, Lockport, IL, 60441 offers a 11.03% rental yield on a $342,500 purchase with $3,149/mo rent. Total monthly income registers $3,149/mo, and a $1,676/mo payment leaves $313/mo available for distribution. Annual cash flow reaches $3,761/yr on $113,539 to close, and return on cash invested stands at 23.22% in year one. Equity gained on principal adds $2,210/yr while 5% annual appreciation supports $94,626 over five years. Portfolio math shows five-year ROI at 123.36% and total cumulative return in cash at $140,063. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,149/mo property income against a $1,676/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2009
3,101 sqft lot
$N/A/sqft
$349 monthly 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
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Listed by: Raymond Morandi • Morandi Properties, Inc
Mls Name: MRED as distributed by MLS GRID
Mls Provider:
Mls ID: #12438158
Disclaimer: Based on information submitted to the MLS GRID as of 2025. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#17)