LOT 122 W Cache Isle CirChannahonIL60410
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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 Channahon at LOT 122 W Cache Isle Cir, Channahon, IL, 60410 priced at $494,990 converts $1,337/mo rent into after a $2,423/mo obligation. Total monthly income equals $1,337/mo. Return on cash invested prints 4.58% in year one, and rental yield reads 3.24% against a $494,990 entry. Equity gained on principal adds $3,194/yr, while 5% annual appreciation compiles into $136,757 by year five. Five-year ROI reaches 21.61% and total cumulative return in cash sums $35,455. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,337/mo property income covering a $2,423/mo payment, not borrower’s personal income.
Single Family
Built in 2025
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60410, Channahon, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,136 (100%) |
| Owner Occupied HU | 4,517 (87.9%) |
| Renter Occupied HU | 472 ( 9.2%) |
| Vacant Housing Units | 147 ( 2.9%) |
| Median Home Value | $330,335 |
| Average Home Value | $363,270 |
Housing Distribution
Address Breakdown
Residential
5,014
Single Family
5,014
Multi-Family
0
Businesses
368
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