5-90 Chadbourne DrLanarkIL61046
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Total monthly income runs $3,446/mo, and a $3,177/mo payment. Purchase price stands at $649,000, and rental yield measures 6.37% with $3,446/mo rent. Return on cash invested shows 12.91% in year one, and 5% annual appreciation builds toward $179,307 over five years. Five-year ROI reaches 66.73% and total cumulative return in cash records $142,488. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,446/mo property income covering a $3,177/mo payment rather than investor’s personal income.
Single Family
Built in 1997
0.35 Acres lot
$N/A/sqft
$2,585 annually 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: GARY SHELLHAUSE • Fawn Ridge Real Estate Co.
Mls Name: NorthWest Illinois Alliance of REALTORS
Mls Provider:
Mls ID: #202400552
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.