1103 Conrad LnShorewoodIL60404
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 1103 Conrad Ln, Shorewood, IL, 60404 in Shorewood hard to pass up. The 14.33% gross yield on a $319,242 purchase results in $3,811/mo in rent and $1,438/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.65). Annual cash flow of $17,255, five-year appreciation of $88,201, and $2,940/yr in equity build-up combine for a projected total cumulative return of $215,291.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 14.3% | 5.5% |
| Monthly Cash Flow | $1,438 | $350 |
City averages based on Shorewood market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,811 |
| Total Monthly Debt Service | $2,246 |
| DSCR Ratio | 1.70x |
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 2001
N/A lot
$N/A/sqft
$39 monthly HOA
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 2001
N/A lot
$N/A/sqft
$39 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices