8548 Lockwood AveBurbankIL60459
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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 Burbank at 8548 Lockwood Ave, Burbank, IL, 60459 listed at $441,000 pairs $2,520/mo rent with a $2,158/mo payment. Total monthly income runs $2,520/mo. Return on cash invested measures 15.49% in year one, and rental yield registers 6.86% at a $441,000 basis. Equity gained on principal adds $2,846/yr, and annual property appreciation at 5% supports $121,840 by year five. Five-year ROI tracks 80.12% and total cumulative return in cash totals $117,132. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,520/mo property income relative to a $2,158/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1960
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60459, Burbank, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,671 (100%) |
| Owner Occupied HU | 7,436 (76.9%) |
| Renter Occupied HU | 1,864 (19.3%) |
| Vacant Housing Units | 371 ( 3.8%) |
| Median Home Value | $286,176 |
| Average Home Value | $306,851 |
Housing Distribution
Address Breakdown
Residential
9,489
Single Family
8,396
Multi-Family
1,093
Businesses
393
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