574 Prairie Crossing DrNew LenoxIL60451
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
Investment property for sale in New Lenox at 574 Prairie Crossing Dr, New Lenox, IL, 60451 earns $983/mo cash flow from $4,204/mo rent with a $2,153/mo payment. Total monthly income totals $4,204/mo, and annual cash flow totals $11,794/yr on $145,827 capital. ROI tracks 28% on current figures, and rental yield reads 11.47% at a $439,900 purchase. Equity gained on principal adds $2,839/yr, and 5% annual appreciation supports $121,536 over five years. Five-year ROI reaches 147.69% and total cumulative return in cash sums $215,367. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,204/mo property income instead of your personal income.
Townhouse
Built in 2022
1,440 sqft lot
$N/A/sqft
$170 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mike McCatty • Century 21 Circle
Mls Name: MRED as distributed by MLS GRID
Mls Provider:
Mls ID: #11402420
Disclaimer: Based on information submitted to the MLS GRID as of 2025. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#17)