124 Glengarry Dr APT 302BloomingdaleIL60108
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Bloomingdale rentals match the income profile of 124 Glengarry Dr APT 302, Bloomingdale, IL, 60108. Listed at $242,900, gross rent is $3,030/mo and net cash flow is $934/mo, a 14.97% yield well above national averages. DSCR 2.77 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $67,109 by year five with $2,237/yr in annual principal reduction, projecting $154,858 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 15% | 6.0% |
| Monthly Cash Flow | $934 | $500 |
City averages based on Bloomingdale market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,030 |
| Total Monthly Debt Service | $1,999 |
| DSCR Ratio | 1.52x |
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 1988
N/A lot
$N/A/sqft
$411 monthly 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 1988
N/A lot
$N/A/sqft
$411 monthly 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