4054 Fern AveLyonsIL60534
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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
Rental property for sale in Lyons at 4054 Fern Ave, Lyons, IL, 60534 generates $2,498/mo in rent, after a $1,811/mo payment. Total monthly income is $2,498/mo. Return on cash invested sits at 19.24% in year one, and rental yield is 8.1% on a $370,000 entry. Equity gained on principal adds $2,388/yr, while 5% annual appreciation builds toward $102,224 over five years. Five-year ROI reaches 100.25% and total cumulative return in cash sums $122,957. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,498/mo property income rather than buyer’s personal income.
Single Family
Built in 1913
6,838 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60534, Lyons, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,364 (100%) |
| Owner Occupied HU | 2,529 (58.0%) |
| Renter Occupied HU | 1,521 (34.9%) |
| Vacant Housing Units | 314 ( 7.2%) |
| Median Home Value | $268,131 |
| Average Home Value | $309,869 |
Housing Distribution
Address Breakdown
Residential
4,067
Single Family
2,921
Multi-Family
1,146
Businesses
376
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