825 Cherry LnThorntonIL60476
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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 Thornton at 825 Cherry Ln, Thornton, IL, 60476 with 5% annual appreciation on a $335,000 basis while $1,800/mo rent supports operations. 25% in year one. Equity gained on principal adds $2,162/yr, and five-year appreciation sums $92,554 alongside rental yield of 6.45%. Five-year ROI measures 73.51% and total cumulative return in cash totals $81,632. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,800/mo property income versus a $1,640/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1979
7,492 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60476, Thornton, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,049 (100%) |
| Owner Occupied HU | 779 (74.3%) |
| Renter Occupied HU | 208 (19.8%) |
| Vacant Housing Units | 62 ( 5.9%) |
| Median Home Value | $152,981 |
| Average Home Value | $347,317 |
Housing Distribution
Address Breakdown
Residential
964
Single Family
904
Multi-Family
60
Businesses
127
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