22341 S Cedar Dr #122ChannahonIL60410
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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 Channahon at 22341 S Cedar Dr #122, Channahon, IL, 60410 listed at $167,500 pairs $1,337/mo rent with a $820/mo payment to leave $175/mo cash flow. Total monthly income runs $1,337/mo, and annual cash flow reaches $2,100/yr on $55,526 cash to close. Return on cash invested measures 23.69% in year one, and rental yield registers 9.58% at a $167,500 basis. Equity gained on principal adds $1,081/yr, and annual property appreciation at 5% supports $46,277 by year five. Five-year ROI tracks 124.19% and total cumulative return in cash totals $68,956. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,337/mo property income relative to a $820/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2026
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60410, Channahon, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,136 (100%) |
| Owner Occupied HU | 4,517 (87.9%) |
| Renter Occupied HU | 472 ( 9.2%) |
| Vacant Housing Units | 147 ( 2.9%) |
| Median Home Value | $330,335 |
| Average Home Value | $363,270 |
Housing Distribution
Address Breakdown
Residential
5,014
Single Family
5,014
Multi-Family
0
Businesses
368
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