16462 S Ivy LnPlainfieldIL60586
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 16462 S Ivy Ln, Plainfield, IL, 60586 in Plainfield. Priced at $383,500, it generates $3,823/mo in gross rent and $1,163/mo in net monthly cash flow, a 11.96% yield that comfortably supports the 2.22 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $13,958. Five-year appreciation: $105,954. Equity from principal paydown: $3,532/yr. Total projected cumulative return: $221,583.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12% | 5.8% |
| Monthly Cash Flow | $1,163 | $420 |
City averages based on Plainfield market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,823 |
| Total Monthly Debt Service | $2,507 |
| 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.
Single Family
Built in 1988
0.28 Acres 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 1988
0.28 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12606777