709 Garadice RdNew 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 709 Garadice Rd, New Lenox, IL, 60451 with 5% annual appreciation on a $487,900 basis while $3,720/mo rent supports operations. Total monthly income totals $3,720/mo and a $2,388/mo payment preserves $336/mo for cash returns. Annual cash flow comes to $4,030/yr on $161,739 deployed, and return on cash invested reaches 22.4% in year one. Equity gained on principal adds $3,148/yr, and five-year appreciation sums $134,798 alongside rental yield of 9.15%. Five-year ROI measures 117.17% and total cumulative return in cash totals $189,517.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,720/mo property income versus a $2,388/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2025
10,506 sqft 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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