1004 N Mill St APT 302NapervilleIL60563
INVESTMENT ANALYSIS
Investment Verdict
Solid Income1004 N Mill St APT 302, Naperville, IL, 60563 in Naperville carries a 1.71 coverage ratio, rent of $1,310/mo is 1.71 times the $764/mo payment. Rental yield 9.25%. That margin gives both the investor and Ziffy Mortgage's DSCR underwriting a comfortable buffer at a $169,900 acquisition price. No U.S. credit or income documentation required. Five-year appreciation adds $46,940; total projected cumulative return: $73,479.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.3% | 5.1% |
| Monthly Cash Flow | $(218) | $1,850 |
City averages based on Naperville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,310 |
| Total Monthly Debt Service | $1,111 |
| DSCR Ratio | 1.18x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1980
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60563, Naperville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,517 (100%) |
| Owner Occupied HU | 9,097 (51.9%) |
| Renter Occupied HU | 7,498 (42.8%) |
| Vacant Housing Units | 922 ( 5.3%) |
| Median Home Value | $454,249 |
| Average Home Value | $500,528 |
Housing Distribution
Address Breakdown
Residential
17,051
Single Family
11,066
Multi-Family
5,985
Businesses
1,980
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1980
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60563, Naperville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,517 (100%) |
| Owner Occupied HU | 9,097 (51.9%) |
| Renter Occupied HU | 7,498 (42.8%) |
| Vacant Housing Units | 922 ( 5.3%) |
| Median Home Value | $454,249 |
| Average Home Value | $500,528 |
Housing Distribution
Address Breakdown
Residential
17,051
Single Family
11,066
Multi-Family
5,985
Businesses
1,980
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brenna Freskos • Berkshire Hathaway HomeServices Starck Real Estate
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12521343