1505 Della DrHoffman EstatesIL60169
INVESTMENT ANALYSIS
Investment Verdict
Solid Income1505 Della Dr, Hoffman Estates, IL, 60169 in Hoffman Estates earns a respectable 8.85% gross yield at $619,900, but after the $2,787/mo mortgage the net cash flow is $75/mo, a tight but positive spread. Expense discipline (vacancy, management, maintenance) will determine whether the margin widens. Ziffy Mortgage's DSCR mortgage (1.64) still qualifies on property income; a larger down payment can improve the cash-flow buffer. Long-term, 5% appreciation projects $171,267 over five years, making equity the dominant return driver. Total projected return: $254,583.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.9% | 6.0% |
| Monthly Cash Flow | $75 | $200 |
City averages based on Hoffman Estates market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,571 |
| Total Monthly Debt Service | $4,053 |
| DSCR Ratio | 1.13x |
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 1995
8,258 sqft lot
$N/A/sqft
No HOA
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 1995
8,258 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Vasanti Bhatt, CSC • Home 4 U Realty, Inc.
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12400101