7927 Pineview LnFrankfortIL60423
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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 Frankfort at 7927 Pineview Ln, Frankfort, IL, 60423 priced at $768,968 converts $3,114/mo rent into after a $3,764/mo obligation. Total monthly income equals $3,114/mo. Return on cash invested prints 9.35% in year one, and rental yield reads 4.86% against a $768,968 entry. Equity gained on principal adds $4,962/yr, while 5% annual appreciation compiles into $212,452 by year five. Five-year ROI reaches 47.26% and total cumulative return in cash sums $119,553. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,114/mo property income covering a $3,764/mo payment, not borrower’s personal income.
Single Family
Built in 2014
N/A lot
$N/A/sqft
$455 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60423, Frankfort, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,966 (100%) |
| Owner Occupied HU | 10,893 (91.0%) |
| Renter Occupied HU | 765 ( 6.4%) |
| Vacant Housing Units | 308 ( 2.6%) |
| Median Home Value | $435,149 |
| Average Home Value | $465,140 |
Housing Distribution
Address Breakdown
Residential
11,840
Single Family
11,488
Multi-Family
352
Businesses
1,327
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Listed by: Randi Quigley • eXp Realty, LLC
Mls Name: MRED as distributed by MLS GRID
Mls Provider:
Mls ID: #12155588
Disclaimer: Based on information submitted to the MLS GRID as of 2024-02-07 09:06:36 PST. 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. Some IDX listings have been excluded from this website. [Click here for more information](/info/mls-disclaimers/#mls_17)