106 Forest View DrLake BluffIL60044
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 106 Forest View Dr, Lake Bluff, IL, 60044 in Lake Bluff. Priced at $625,000, it generates $8,215/mo in gross rent and $3,869/mo in net monthly cash flow, a 15.77% yield that comfortably supports the 2.92 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $46,430. Five-year appreciation: $172,676. Equity from principal paydown: $5,756/yr. Total projected cumulative return: $488,710.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 15.8% | 6.0% |
| Monthly Cash Flow | $3,869 | $1,200 |
City averages based on Lake Bluff market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $8,215 |
| Total Monthly Debt Service | $4,086 |
| DSCR Ratio | 2.01x |
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 2009
7,248 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60044, Lake Bluff, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,469 (100%) |
| Owner Occupied HU | 3,046 (68.2%) |
| Renter Occupied HU | 1,140 (25.5%) |
| Vacant Housing Units | 283 ( 6.3%) |
| Median Home Value | $570,313 |
| Average Home Value | $665,553 |
Housing Distribution
Address Breakdown
Residential
4,240
Single Family
3,426
Multi-Family
814
Businesses
682
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 2009
7,248 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60044, Lake Bluff, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,469 (100%) |
| Owner Occupied HU | 3,046 (68.2%) |
| Renter Occupied HU | 1,140 (25.5%) |
| Vacant Housing Units | 283 ( 6.3%) |
| Median Home Value | $570,313 |
| Average Home Value | $665,553 |
Housing Distribution
Address Breakdown
Residential
4,240
Single Family
3,426
Multi-Family
814
Businesses
682
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices