24418 S Cedar Dr #39AChannahonIL60410
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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 Channahon at 24418 S Cedar Dr #39A, Channahon, IL, 60410 uses $55,858 cash to close to unlock $2,016/yr annual cash flow and $168/mo monthly cash flow. Total monthly income runs $1,337/mo, and a $825/mo payment keeps the spread at $168/mo. Purchase price stands at $168,500, and rental yield measures 9.52% with $1,337/mo rent. Return on cash invested shows 23.52% in year one, and 5% annual appreciation builds toward $46,553 over five years. Five-year ROI reaches 123.15% and total cumulative return in cash records $68,790. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,337/mo property income covering a $825/mo payment rather than investor’s personal income.
Single Family
Built in 2025
N/A 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
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