605 Gloria StLockportIL60441
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 Lockport at 605 Gloria St, Lockport, IL, 60441 with 5% annual appreciation on a $314,900 basis while $2,280/mo rent supports operations. Total monthly income totals $2,280/mo and a $1,541/mo payment preserves $96/mo for cash returns. Annual cash flow comes to $1,153/yr on $104,389 deployed, and return on cash invested reaches 21.01% in year one. Equity gained on principal adds $2,032/yr, and five-year appreciation sums $87,001 alongside rental yield of 8.69%. Five-year ROI measures 109.78% and total cumulative return in cash totals $114,598.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,280/mo property income versus a $1,541/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1970
9,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60441, Lockport, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,170 (100%) |
| Owner Occupied HU | 11,273 (79.6%) |
| Renter Occupied HU | 2,280 (16.1%) |
| Vacant Housing Units | 617 ( 4.4%) |
| Median Home Value | $347,322 |
| Average Home Value | $382,093 |
Housing Distribution
Address Breakdown
Residential
13,319
Single Family
12,772
Multi-Family
547
Businesses
790
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices