2252 Runway DrNew 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
Investment property for sale in New Lenox at 2252 Runway Dr, New Lenox, IL, 60451 uses $167,757 cash to close to unlock $8,219/yr annual cash flow and $685/mo monthly cash flow. Total monthly income runs $4,222/mo, and a $2,496/mo payment keeps the spread at $685/mo. Purchase price stands at $509,900, and rental yield measures 9.94% with $4,222/mo rent. Return on cash invested shows 24.96% in year one, and 5% annual appreciation builds toward $140,876 over five years. Five-year ROI reaches 130.88% and total cumulative return in cash records $219,560. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,222/mo property income covering a $2,496/mo payment rather than investor’s personal income.
Single Family
Built in 2020
0.27 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 |
Housing Distribution
Address Breakdown
Residential
13,287
Single Family
12,847
Multi-Family
440
Businesses
1,182
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