927 W Locust Ln, Peotone, IL, 60468 | 7.13% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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927 W Locust Ln, Peotone, IL, 60468 | 7.13% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Peotone at 927 W Locust Ln, Peotone, IL, 60468 generates $3,059/mo in rent, after a $2,520/mo payment. Total monthly income is $3,059/mo. Return on cash invested sits at 16.43% in year one, and rental yield is 7.13% on a $514,900 entry. Equity gained on principal adds $3,323/yr, while 5% annual appreciation builds toward $142,257 over five years. Five-year ROI reaches 85.15% and total cumulative return in cash sums $144,246. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,059/mo property income rather than buyer’s personal income.

Single Family

Built in 2023

9,583 sqft lot

$N/A/sqft

No HOA

More details about the property

Looking for that NEW construction home, without the wait to be built?! Look no further! Ready for immediate occupancy! This two-story beautiful home feels like new construction from the moment you walk thru the door... Custom upgrades and finishes throughout! Featuring a 4 bedroom 3.5 bathroom floor plan, with a master bedroom suite and walk in closet! Other bedrooms also feature massive walk in closets! 2nd level laundry room! Walk in pantry! Attached 4 car garage with drain! Custom floor plan with ample walk in space in the front foyer! Custom cabinetry! The list goes on and on! Make an appointment to view today! Quick closing possible!

Neighborhood Data

Neighborhood data shown for ZIP Code: 60468, Peotone, IL area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,470 (100%)
Owner Occupied HU	1,819 (73.6%)
Renter Occupied HU	531 (21.5%)
Vacant Housing Units	120 ( 4.9%)
Median Home Value	$340,583
Average Home Value	$401,215