22736 Parkview LnFrankfortIL60423
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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 Frankfort at 22736 Parkview Ln, Frankfort, IL, 60423 generates $3,137/mo in rent, after a $3,519/mo payment. Total monthly income is $3,137/mo. Return on cash invested sits at 10.68% in year one, and rental yield is 5.24% on a $719,000 entry. Equity gained on principal adds $4,640/yr, while 5% annual appreciation builds toward $198,646 over five years. Five-year ROI reaches 54.3% and total cumulative return in cash sums $128,441. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,137/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60423, Frankfort, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,966 (100%) |
| Owner Occupied HU | 10,893 (91.0%) |
| Renter Occupied HU | 765 ( 6.4%) |
| Vacant Housing Units | 308 ( 2.6%) |
| Median Home Value | $435,149 |
| Average Home Value | $465,140 |
Housing Distribution
Address Breakdown
Residential
11,840
Single Family
11,488
Multi-Family
352
Businesses
1,327
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