105 Concord LnCarol StreamIL60188
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe 10.56% yield at 105 Concord Ln, Carol Stream, IL, 60188 in Carol Stream is solid, but the $1,492/mo payment compresses net cash flow to $152/mo at $331,900. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $91,698 by year five, and $3,057/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.96) without U.S. income documentation. Total projected return: $138,843.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.6% | 6.5% |
| Monthly Cash Flow | $152 | $300 |
City averages based on Carol Stream market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,920 |
| Total Monthly Debt Service | $2,635 |
| DSCR Ratio | 1.11x |
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 1997
33.53 Acres lot
$N/A/sqft
$465 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60188, Carol Stream, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,043 (100%) |
| Owner Occupied HU | 10,560 (65.8%) |
| Renter Occupied HU | 4,637 (28.9%) |
| Vacant Housing Units | 846 ( 5.3%) |
| Median Home Value | $343,118 |
| Average Home Value | $361,326 |
Housing Distribution
Address Breakdown
Residential
15,438
Single Family
11,655
Multi-Family
3,783
Businesses
1,352
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 1997
33.53 Acres lot
$N/A/sqft
$465 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60188, Carol Stream, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,043 (100%) |
| Owner Occupied HU | 10,560 (65.8%) |
| Renter Occupied HU | 4,637 (28.9%) |
| Vacant Housing Units | 846 ( 5.3%) |
| Median Home Value | $343,118 |
| Average Home Value | $361,326 |
Housing Distribution
Address Breakdown
Residential
15,438
Single Family
11,655
Multi-Family
3,783
Businesses
1,352
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A