1732 Orchard LnNew LenoxIL60451
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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
Rental property for sale in New Lenox at 1732 Orchard Ln, New Lenox, IL, 60451 priced at $411,900 pairs $1,800/mo rent with after a $2,016/mo payment. Total monthly income equals $1,800/mo. Return on cash invested is 8.86% in year one, and rental yield stands at 5.24% on a $411,900 basis. Equity gained on principal adds $2,658/yr, and 5% annual appreciation accumulates to $113,800 by year five. Five-year ROI measures 45.26% and total cumulative return in cash reaches $61,796. For financing, Ziffy Mortgage’s DSCR program evaluates $1,800/mo property income against a $2,016/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2024
5,520 sqft lot
$N/A/sqft
$200 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60451, New Lenox, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,629 (100%) |
| Owner Occupied HU | 12,081 (88.6%) |
| Renter Occupied HU | 1,087 ( 8.0%) |
| Vacant Housing Units | 461 ( 3.4%) |
| Median Home Value | $392,998 |
| Average Home Value | $431,186 |
Housing Distribution
Address Breakdown
Residential
13,287
Single Family
12,847
Multi-Family
440
Businesses
1,182
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Listed by: Linda DiBenardo • RE/MAX IMPACT
Mls Name: MRED as distributed by MLS GRID
Mls Provider:
Mls ID: #12091966
Disclaimer: Based on information submitted to the MLS GRID as of 2024-02-07 09:06:36 PST. 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](/info/mls-disclaimers/#mls_17)