202 Hickory St, New Lenox, IL, 60451 | 8.03% Rental Yield

For Sale

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

Investment property for sale in New Lenox at 202 Hickory St, New Lenox, IL, 60451 offers a 8.03% rental yield on a $325,000 purchase with $2,175/mo rent. 02% in year one. Equity gained on principal adds $2,097/yr while 5% annual appreciation supports $89,792 over five years. Portfolio math shows five-year ROI at 99.09% and total cumulative return in cash at $106,753. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,175/mo property income against a $1,591/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in N/A

0.36 Acres lot

$N/A/sqft

No 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