1008 Parker TerLodaIL60948
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow1008 Parker Ter, Loda, IL, 60948 in Loda earns its strong cash-flow label: 26.75% yield, $3,198/mo rent, $2,203/mo net income, DSCR 4.96. The $143,470 acquisition cost produces immediate returns that put this property in the top tier for U.S. income assets accessible via Ziffy Mortgage's rental-income underwriting. Long-term, 5% annual appreciation adds $39,638 by year five. Combined with $1,321/yr in principal paydown, total projected return reaches $196,692.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 26.8% | 6.0% |
| Monthly Cash Flow | $2,203 | $300 |
City averages based on Loda market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,198 |
| Total Monthly Debt Service | $938 |
| DSCR Ratio | 3.41x |
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.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60948, Loda, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 813 (100%) |
| Owner Occupied HU | 565 (69.5%) |
| Renter Occupied HU | 54 ( 6.6%) |
| Vacant Housing Units | 194 (23.9%) |
| Median Home Value | $276,989 |
| Average Home Value | $352,704 |
Housing Distribution
Address Breakdown
Residential
637
Single Family
637
Multi-Family
0
Businesses
23
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 N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60948, Loda, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 813 (100%) |
| Owner Occupied HU | 565 (69.5%) |
| Renter Occupied HU | 54 ( 6.6%) |
| Vacant Housing Units | 194 (23.9%) |
| Median Home Value | $276,989 |
| Average Home Value | $352,704 |
Housing Distribution
Address Breakdown
Residential
637
Single Family
637
Multi-Family
0
Businesses
23
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices