22422 S Cedar DrChannahonIL60410
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeAt $169,950, 22422 S Cedar Dr, Channahon, IL, 60410 in Channahon generates $1,337/mo in rent (9.44% yield) but nets only $158/mo after debt service. The spread is thin, manageable for investors comfortable with low-margin holds who are buying into the 5% annual appreciation thesis. Ziffy Mortgage's DSCR loan (1.75) allows non-U.S. residents to acquire without personal income checks. A larger down payment reduces the monthly debt load and widens the margin. Five-year appreciation: $46,954. Total projected return: $75,235.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 7.0% |
| Monthly Cash Flow | $158 | $1,200 |
City averages based on Channahon market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,337 |
| Total Monthly Debt Service | $1,111 |
| DSCR Ratio | 1.20x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2025
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2025
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices