24-13 Hidden Ranch DrLanarkIL61046
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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 Lanark at 24-13 Hidden Ranch Dr, Lanark, IL, 61046 listed at $879,000 pairs $1,146/mo rent with a $4,302/mo payment. Total monthly income runs $1,146/mo. Return on cash invested measures -0.48% in year one, and rental yield registers 1.56% at a $879,000 basis. Equity gained on principal adds $5,672/yr, and annual property appreciation at 5% supports $242,851 by year five. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,146/mo property income relative to a $4,302/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
2.63 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 |
Housing Distribution
Address Breakdown
Residential
1,478
Single Family
1,462
Multi-Family
16
Businesses
83
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