1005 Hiawatha LnRiverwoodsIL60015
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingReliable and efficiently structured, 1005 Hiawatha Ln, Riverwoods, IL, 60015 in Riverwoods is a conservative rental investment at $1,595,000. Rental yield 6.5%. A 1.20 coverage ratio meets Ziffy Mortgage's DSCR standard for foreign-national financing. Five-year equity: 5% appreciation adds $440,669; $14,690/yr in principal paydown supplements. Total projected return: $453,676.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.5% | 6.0% |
| Monthly Cash Flow | $(2,429) | $2,200 |
City averages based on Riverwoods market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $8,634 |
| Total Monthly Debt Service | $10,429 |
| DSCR Ratio | 0.83x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Single Family
Built in 2006
1.13 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60015, Deerfield, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,325 (100%) |
| Owner Occupied HU | 8,330 (80.7%) |
| Renter Occupied HU | 1,545 (15.0%) |
| Vacant Housing Units | 450 ( 4.4%) |
| Median Home Value | $617,589 |
| Average Home Value | $693,674 |
Housing Distribution
Address Breakdown
Residential
10,430
Single Family
9,027
Multi-Family
1,403
Businesses
1,195
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
Single Family
Built in 2006
1.13 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60015, Deerfield, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,325 (100%) |
| Owner Occupied HU | 8,330 (80.7%) |
| Renter Occupied HU | 1,545 (15.0%) |
| Vacant Housing Units | 450 ( 4.4%) |
| Median Home Value | $617,589 |
| Average Home Value | $693,674 |
Housing Distribution
Address Breakdown
Residential
10,430
Single Family
9,027
Multi-Family
1,403
Businesses
1,195
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Beth Wexler • @properties Christie's International Real Estate
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12441421