269 Lakewood DrAntiochIL60002
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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 Antioch at 269 Lakewood Dr, Antioch, IL, 60002 offers a 10.61% rental yield on a $309,900 purchase with $2,740/mo rent. Total monthly income registers $2,740/mo, and a $1,517/mo payment leaves $590/mo available for distribution. Annual cash flow reaches $7,083/yr on $102,732 to close, and return on cash invested stands at 26.8% in year one. Equity gained on principal adds $2,000/yr while 5% annual appreciation supports $85,620 over five years. Portfolio math shows five-year ROI at 140.82% and total cumulative return in cash at $144,672. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,740/mo property income against a $1,517/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2003
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60002, Antioch, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,913 (100%) |
| Owner Occupied HU | 7,708 (70.6%) |
| Renter Occupied HU | 2,012 (18.4%) |
| Vacant Housing Units | 1,193 (10.9%) |
| Median Home Value | $319,586 |
| Average Home Value | $344,204 |
Housing Distribution
Address Breakdown
Residential
10,382
Single Family
9,818
Multi-Family
564
Businesses
840
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