1356 Lorraine PlSchaumburgIL60173
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 1356 Lorraine Pl, Schaumburg, IL, 60173 in Schaumburg is narrow, $175/mo net on $5,334/mo rent after the $3,323/mo debt service, but the property operates at break-even-plus, not a loss. At $739,000 with a 8.66% yield, the long-run equity case via 5% appreciation ($204,172 over five years) and $6,806/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.61 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $294,016.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.7% | 4.8% |
| Monthly Cash Flow | $175 | $1,200 |
City averages based on Schaumburg market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,334 |
| Total Monthly Debt Service | $4,865 |
| DSCR Ratio | 1.10x |
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 1990
N/A lot
$N/A/sqft
$400 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60173, Schaumburg, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,575 (100%) |
| Owner Occupied HU | 2,527 (33.4%) |
| Renter Occupied HU | 4,437 (58.6%) |
| Vacant Housing Units | 611 ( 8.1%) |
| Median Home Value | $455,728 |
| Average Home Value | $452,807 |
Housing Distribution
Address Breakdown
Residential
7,256
Single Family
2,359
Multi-Family
4,897
Businesses
2,042
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 1990
N/A lot
$N/A/sqft
$400 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60173, Schaumburg, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,575 (100%) |
| Owner Occupied HU | 2,527 (33.4%) |
| Renter Occupied HU | 4,437 (58.6%) |
| Vacant Housing Units | 611 ( 8.1%) |
| Median Home Value | $455,728 |
| Average Home Value | $452,807 |
Housing Distribution
Address Breakdown
Residential
7,256
Single Family
2,359
Multi-Family
4,897
Businesses
2,042
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices