23 Harborside WayHawthorn WoodsIL60047
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeMost investment properties struggle to clear the 1.25x DSCR minimum. 23 Harborside Way, Hawthorn Woods, IL, 60047 in Hawthorn Woods clears it at 1.80, a meaningful distinction for the Ziffy Mortgage DSCR approval process. Rental yield 9.71%. Strong coverage makes approval clean and leaves room for vacancy without breaching underwriting thresholds. Five-year appreciation: $143,390; $4,780/yr in principal equity; total projected return: $187,502.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.7% | 7.0% |
| Monthly Cash Flow | $(227) | $300 |
City averages based on Hawthorn Woods market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,200 |
| Total Monthly Debt Service | $4,220 |
| DSCR Ratio | 1.00x |
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.
Townhouse
Built in 2006
3,888 sqft lot
$N/A/sqft
$827 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60047, Lake Zurich, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,786 (100%) |
| Owner Occupied HU | 13,527 (85.7%) |
| Renter Occupied HU | 1,704 (10.8%) |
| Vacant Housing Units | 555 ( 3.5%) |
| Median Home Value | $526,302 |
| Average Home Value | $573,642 |
Housing Distribution
Address Breakdown
Residential
15,304
Single Family
14,720
Multi-Family
584
Businesses
1,275
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 2006
3,888 sqft lot
$N/A/sqft
$827 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60047, Lake Zurich, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,786 (100%) |
| Owner Occupied HU | 13,527 (85.7%) |
| Renter Occupied HU | 1,704 (10.8%) |
| Vacant Housing Units | 555 ( 3.5%) |
| Median Home Value | $526,302 |
| Average Home Value | $573,642 |
Housing Distribution
Address Breakdown
Residential
15,304
Single Family
14,720
Multi-Family
584
Businesses
1,275
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Maria Etling • Berkshire Hathaway HomeServices Chicago
Mls Name: MRED as distributed by MLS GRID
Mls Provider:
Mls ID: #12424273
Disclaimer: Based on information submitted to the MLS GRID as of 2025. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#17)