2700 Summit Dr APT 101GlenviewIL60025
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 2700 Summit Dr APT 101, Glenview, IL, 60025 in Glenview: $4,849/mo in rent, $271/mo in net income, 8.82% gross yield, 1.63 DSCR, all at $660,000. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $182,346 in appreciation and $6,079/yr in principal paydown projects total cumulative return of $269,851.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.8% | 4.5% |
| Monthly Cash Flow | $271 | $1,500 |
City averages based on Glenview market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,849 |
| Total Monthly Debt Service | $4,315 |
| DSCR Ratio | 1.12x |
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 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60025, Glenview, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,148 (100%) |
| Owner Occupied HU | 12,199 (75.5%) |
| Renter Occupied HU | 3,031 (18.8%) |
| Vacant Housing Units | 918 ( 5.7%) |
| Median Home Value | $536,596 |
| Average Home Value | $619,111 |
Housing Distribution
Address Breakdown
Residential
16,076
Single Family
11,813
Multi-Family
4,263
Businesses
1,495
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 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60025, Glenview, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,148 (100%) |
| Owner Occupied HU | 12,199 (75.5%) |
| Renter Occupied HU | 3,031 (18.8%) |
| Vacant Housing Units | 918 ( 5.7%) |
| Median Home Value | $536,596 |
| Average Home Value | $619,111 |
Housing Distribution
Address Breakdown
Residential
16,076
Single Family
11,813
Multi-Family
4,263
Businesses
1,495
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices