2910 Ryan DrNew LenoxIL60451
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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 New Lenox at 2910 Ryan Dr, New Lenox, IL, 60451 offers a 8.71% rental yield on a $657,900 purchase with $4,774/mo rent. Total monthly income registers $4,774/mo, and a $3,220/mo payment leaves $211/mo available for distribution. Annual cash flow reaches $2,529/yr on $216,449 to close, and return on cash invested stands at 21.23% in year one. Equity gained on principal adds $4,245/yr while 5% annual appreciation supports $181,766 over five years. Portfolio math shows five-year ROI at 110.87% and total cumulative return in cash at $239,974. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,774/mo property income against a $3,220/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2006
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60451, New Lenox, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,629 (100%) |
| Owner Occupied HU | 12,081 (88.6%) |
| Renter Occupied HU | 1,087 ( 8.0%) |
| Vacant Housing Units | 461 ( 3.4%) |
| Median Home Value | $392,998 |
| Average Home Value | $431,186 |
Housing Distribution
Address Breakdown
Residential
13,287
Single Family
12,847
Multi-Family
440
Businesses
1,182
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