1018 E 193rd PlGlenwoodIL60425
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeCapital preservation and steady income define 1018 E 193rd Pl, Glenwood, IL, 60425 in Glenwood. Rental yield 8.09%. The 1.42 coverage passes Ziffy Mortgage's DSCR threshold for non-U.S. residents. Five-year appreciation of $66,307 and $2,012/yr in principal reduction project total return of $84,251.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.1% | 7.5% |
| Monthly Cash Flow | $(47) | $300 |
City averages based on Glenwood market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,618 |
| Total Monthly Debt Service | $1,628 |
| DSCR Ratio | 0.99x |
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 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1975
8,489 sqft lot
$N/A/sqft
No HOA
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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
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