8221 Forestview DrFrankfortIL60423
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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 Frankfort at 8221 Forestview Dr, Frankfort, IL, 60423 listed at $594,999 pairs $3,114/mo rent with a $2,912/mo payment. Total monthly income runs $3,114/mo. Return on cash invested measures 13.85% in year one, and rental yield registers 6.28% at a $594,999 basis. Equity gained on principal adds $3,839/yr, and annual property appreciation at 5% supports $164,387 by year five. Five-year ROI tracks 71.33% and total cumulative return in cash totals $139,634. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,114/mo property income relative to a $2,912/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2005
0.38 Acres lot
$N/A/sqft
No 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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