1622 Bay CtNapervilleIL60565
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 1622 Bay Ct, Naperville, IL, 60565 in Naperville hard to pass up. The 11.13% gross yield on a $350,000 purchase results in $3,245/mo in rent and $817/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.06). Annual cash flow of $9,806, five-year appreciation of $96,699, and $3,224/yr in equity build-up combine for a projected total cumulative return of $186,475.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.1% | 5.1% |
| Monthly Cash Flow | $817 | $1,850 |
City averages based on Naperville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,245 |
| Total Monthly Debt Service | $2,288 |
| DSCR Ratio | 1.42x |
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 1975
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60565, Naperville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,164 (100%) |
| Owner Occupied HU | 12,175 (86.0%) |
| Renter Occupied HU | 1,635 (11.5%) |
| Vacant Housing Units | 354 ( 2.5%) |
| Median Home Value | $515,699 |
| Average Home Value | $542,004 |
Housing Distribution
Address Breakdown
Residential
13,980
Single Family
12,434
Multi-Family
1,546
Businesses
197
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 1975
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60565, Naperville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,164 (100%) |
| Owner Occupied HU | 12,175 (86.0%) |
| Renter Occupied HU | 1,635 (11.5%) |
| Vacant Housing Units | 354 ( 2.5%) |
| Median Home Value | $515,699 |
| Average Home Value | $542,004 |
Housing Distribution
Address Breakdown
Residential
13,980
Single Family
12,434
Multi-Family
1,546
Businesses
197
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Taylor Anderson • RE/MAX of Naperville
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12457958