8650 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 8650 Lockwood Ave, Burbank, IL, 60459 with 5% annual appreciation on a $679,900 basis while $3,000/mo rent supports operations. 85% in year one. Equity gained on principal adds $4,387/yr, and five-year appreciation sums $187,844 alongside rental yield of 5.29%. Five-year ROI measures 55.24% and total cumulative return in cash totals $123,557. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,000/mo property income versus a $3,328/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2025
3,689 sqft 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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