1744 Eastwood Ct APT 1SchaumburgIL60195
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowTight but positive: 1744 Eastwood Ct APT 1, Schaumburg, IL, 60195 in Schaumburg at $209,000 earns $1,873/mo in rent and nets $149/mo after the $940/mo payment, a 10.76% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $57,743 over five years. Ziffy Mortgage underwrites this on a 1.99 DSCR without U.S. credit history. With $1,925/yr in principal paydown, total projected return reaches $107,198.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.8% | 4.8% |
| Monthly Cash Flow | $149 | $1,200 |
City averages based on Schaumburg 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 | $1,873 |
| Total Monthly Debt Service | $1,367 |
| DSCR Ratio | 1.37x |
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.
Condo
Built in 1985
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60195, Schaumburg, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,623 (100%) |
| Owner Occupied HU | 957 (36.5%) |
| Renter Occupied HU | 1,455 (55.5%) |
| Vacant Housing Units | 211 ( 8.0%) |
| Median Home Value | $268,396 |
| Average Home Value | $281,873 |
Housing Distribution
Address Breakdown
Residential
2,507
Single Family
618
Multi-Family
1,889
Businesses
394
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
Condo
Built in 1985
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60195, Schaumburg, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,623 (100%) |
| Owner Occupied HU | 957 (36.5%) |
| Renter Occupied HU | 1,455 (55.5%) |
| Vacant Housing Units | 211 ( 8.0%) |
| Median Home Value | $268,396 |
| Average Home Value | $281,873 |
Housing Distribution
Address Breakdown
Residential
2,507
Single Family
618
Multi-Family
1,889
Businesses
394
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: #12636606