128 1/2 Cora Ave APT BFox LakeIL60020
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe headline number at 128 1/2 Cora Ave APT B, Fox Lake, IL, 60020 in Fox Lake is the 1.72 coverage ratio: rent of $1,239/mo versus a $719/mo debt payment on a $159,900 property. Rental yield 9.3%. That margin is what gives Ziffy Mortgage's DSCR loan the coverage it needs for a clean, fast approval, no W-2s, no U.S. residency. Appreciation at 5%/yr projects $44,177 by year five, with $1,473/yr in equity from paydown. Total projected cumulative return: $69,535.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.3% | 6.0% |
| Monthly Cash Flow | $(70) | $350 |
City averages based on Fox Lake market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,239 |
| Total Monthly Debt Service | $1,045 |
| DSCR Ratio | 1.19x |
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.
Townhouse
Built in 1978
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60020, Fox Lake, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,686 (100%) |
| Owner Occupied HU | 3,560 (62.6%) |
| Renter Occupied HU | 1,446 (25.4%) |
| Vacant Housing Units | 680 (12.0%) |
| Median Home Value | $274,201 |
| Average Home Value | $328,237 |
Housing Distribution
Address Breakdown
Residential
5,603
Single Family
4,860
Multi-Family
743
Businesses
342
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
Townhouse
Built in 1978
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60020, Fox Lake, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,686 (100%) |
| Owner Occupied HU | 3,560 (62.6%) |
| Renter Occupied HU | 1,446 (25.4%) |
| Vacant Housing Units | 680 (12.0%) |
| Median Home Value | $274,201 |
| Average Home Value | $328,237 |
Housing Distribution
Address Breakdown
Residential
5,603
Single Family
4,860
Multi-Family
743
Businesses
342
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices