Draper Plan, Darby FarmNew LenoxIL60451
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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
Rental property for sale in New Lenox at Draper Plan, Darby Farm, New Lenox, IL, 60451 priced at $482,990 converts $4,590/mo rent into $1,240/mo cash flow after a $2,364/mo obligation. Total monthly income equals $4,590/mo, and annual cash flow totals $14,879/yr on $160,111 invested. Return on cash invested prints 29.2% in year one, and rental yield reads 11.4% against a $482,990 entry. Equity gained on principal adds $3,117/yr, while 5% annual appreciation compiles into $133,441 by year five. Five-year ROI reaches 153.65% and total cumulative return in cash sums $246,007. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,590/mo property income covering a $2,364/mo payment, not borrower’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60451, New Lenox, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,629 (100%) |
| Owner Occupied HU | 12,081 (88.6%) |
| Renter Occupied HU | 1,087 ( 8.0%) |
| Vacant Housing Units | 461 ( 3.4%) |
| Median Home Value | $392,998 |
| Average Home Value | $431,186 |
Housing Distribution
Address Breakdown
Residential
13,287
Single Family
12,847
Multi-Family
440
Businesses
1,182
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