120 Lakeview Dr APT 318BloomingdaleIL60108
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe income profile at 120 Lakeview Dr APT 318, Bloomingdale, IL, 60108 in Bloomingdale is straightforward: $199,000 in, $1,594/mo in rent, $214/mo out after debt service. The 9.61% gross yield and 1.78 DSCR make this exactly the kind of asset Ziffy Mortgage finances for non-U.S. residents without income documentation. Appreciation at 5%/yr adds $54,980 by year five. With $1,833/yr in principal equity, the total cumulative return is projected at $89,862.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 6.0% |
| Monthly Cash Flow | $214 | $500 |
City averages based on Bloomingdale market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,594 |
| Total Monthly Debt Service | $1,301 |
| DSCR Ratio | 1.23x |
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 1975
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60108, Bloomingdale, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,752 (100%) |
| Owner Occupied HU | 7,061 (72.4%) |
| Renter Occupied HU | 2,274 (23.3%) |
| Vacant Housing Units | 417 ( 4.3%) |
| Median Home Value | $390,715 |
| Average Home Value | $447,271 |
Housing Distribution
Address Breakdown
Residential
9,474
Single Family
7,171
Multi-Family
2,303
Businesses
1,103
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 1975
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60108, Bloomingdale, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,752 (100%) |
| Owner Occupied HU | 7,061 (72.4%) |
| Renter Occupied HU | 2,274 (23.3%) |
| Vacant Housing Units | 417 ( 4.3%) |
| Median Home Value | $390,715 |
| Average Home Value | $447,271 |
Housing Distribution
Address Breakdown
Residential
9,474
Single Family
7,171
Multi-Family
2,303
Businesses
1,103
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Koi Tasaniyom • Century 21 S.G.R., Inc.
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12504138