Lyndale Plan, Silo BendLockportIL60441
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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 Lockport at Lyndale Plan, Silo Bend, Lockport, IL, 60441 offers $5,462/mo rent that, after a $2,628/mo payment, leaves $1,738/mo cash flow. Total monthly income is $5,462/mo, and annual cash flow is $20,852/yr on $176,670 cash. Return on cash invested measures 31.86% in year one, and rental yield stands at 12.21% at a $536,990 entry. Equity gained on principal adds $3,465/yr while 5% annual appreciation compounds into $148,360 by year five. Five-year ROI records 167.9% and total cumulative return in cash reaches $296,633. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,462/mo property income versus a $2,628/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60441, Lockport, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,170 (100%) |
| Owner Occupied HU | 11,273 (79.6%) |
| Renter Occupied HU | 2,280 (16.1%) |
| Vacant Housing Units | 617 ( 4.4%) |
| Median Home Value | $347,322 |
| Average Home Value | $382,093 |
Housing Distribution
Address Breakdown
Residential
13,319
Single Family
12,772
Multi-Family
547
Businesses
790
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