20 N Tower Rd APT 11DOak BrookIL60523
INVESTMENT ANALYSIS
Investment Verdict
Solid Income20 N Tower Rd APT 11D, Oak Brook, IL, 60523 in Oak Brook carries a 1.76 coverage ratio, rent of $1,374/mo is 1.76 times the $779/mo payment. Rental yield 9.16%. That margin gives both the investor and Ziffy Mortgage's DSCR underwriting a comfortable buffer at a $173,300 acquisition price. No U.S. credit or income documentation required. Five-year appreciation adds $47,880; total projected cumulative return: $59,283.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 5.2% |
| Monthly Cash Flow | $(479) | $350 |
City averages based on Oak Brook market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,374 |
| Total Monthly Debt Service | $1,435 |
| DSCR Ratio | 0.96x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 1977
2.40 Acres lot
$N/A/sqft
$302 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60523, Oak Brook, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,149 (100%) |
| Owner Occupied HU | 3,188 (76.8%) |
| Renter Occupied HU | 641 (15.4%) |
| Vacant Housing Units | 320 ( 7.7%) |
| Median Home Value | $730,721 |
| Average Home Value | $895,750 |
Housing Distribution
Address Breakdown
Residential
5,038
Single Family
3,497
Multi-Family
1,541
Businesses
1,096
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 1977
2.40 Acres lot
$N/A/sqft
$302 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60523, Oak Brook, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,149 (100%) |
| Owner Occupied HU | 3,188 (76.8%) |
| Renter Occupied HU | 641 (15.4%) |
| Vacant Housing Units | 320 ( 7.7%) |
| Median Home Value | $730,721 |
| Average Home Value | $895,750 |
Housing Distribution
Address Breakdown
Residential
5,038
Single Family
3,497
Multi-Family
1,541
Businesses
1,096
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices