1105 N Mill St APT 224NapervilleIL60563
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe 11.37% yield at 1105 N Mill St APT 224, Naperville, IL, 60563 in Naperville is solid, but the $1,212/mo payment compresses net cash flow to $97/mo at $269,500. 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 $74,458 by year five, and $2,482/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (2.11) without U.S. income documentation. Total projected return: $146,985.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.4% | 5.1% |
| Monthly Cash Flow | $97 | $1,850 |
City averages based on Naperville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,552 |
| Total Monthly Debt Service | $1,762 |
| DSCR Ratio | 1.45x |
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 1974
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60563, Naperville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,517 (100%) |
| Owner Occupied HU | 9,097 (51.9%) |
| Renter Occupied HU | 7,498 (42.8%) |
| Vacant Housing Units | 922 ( 5.3%) |
| Median Home Value | $454,249 |
| Average Home Value | $500,528 |
Housing Distribution
Address Breakdown
Residential
17,051
Single Family
11,066
Multi-Family
5,985
Businesses
1,980
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 1974
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60563, Naperville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,517 (100%) |
| Owner Occupied HU | 9,097 (51.9%) |
| Renter Occupied HU | 7,498 (42.8%) |
| Vacant Housing Units | 922 ( 5.3%) |
| Median Home Value | $454,249 |
| Average Home Value | $500,528 |
Housing Distribution
Address Breakdown
Residential
17,051
Single Family
11,066
Multi-Family
5,985
Businesses
1,980
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12582474