1905 Pierce RdHoffman EstatesIL60169
INVESTMENT ANALYSIS
Investment Verdict
Solid Income1905 Pierce Rd, Hoffman Estates, IL, 60169 in Hoffman Estates is a solid income-producing rental, 9.68% gross yield, $3,059/mo rent, $430/mo net cash flow on a $379,000 buy. DSCR 1.80 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $104,711 and $3,491/yr in principal reduction project a total cumulative return of $172,682.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.7% | 6.0% |
| Monthly Cash Flow | $430 | $200 |
City averages based on Hoffman Estates market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,059 |
| Total Monthly Debt Service | $2,478 |
| DSCR Ratio | 1.23x |
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 1965
9,625 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 1965
9,625 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Emilia Ivanova • Coldwell Banker Realty
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12517753