23-30 Berkshire Ct, Lanark, IL, 61046 | 3.71% Rental Yield

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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

Total monthly income runs $1,822/mo, and a $2,883/mo payment. Purchase price stands at $589,000, and rental yield measures 3.71% with $1,822/mo rent. Return on cash invested shows 6.04% in year one, and 5% annual appreciation builds toward $162,730 over five years. Five-year ROI reaches 29.45% and total cumulative return in cash records $57,074. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,822/mo property income covering a $2,883/mo payment rather than investor’s personal income.

Single Family

Built in 1999

1.59 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 61046, Lanark, IL area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,063 (100%)
Owner Occupied HU	1,036 (50.2%)
Renter Occupied HU	234 (11.3%)
Vacant Housing Units	793 (38.4%)
Median Home Value	$169,063
Average Home Value	$234,614