2823 Cooper CtWoodridgeIL60517
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 2823 Cooper Ct, Woodridge, IL, 60517 in Woodridge: $4,260/mo in rent, $307/mo in net income, 8.97% gross yield, 1.66 DSCR, all at $569,900. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $157,453 in appreciation and $5,249/yr in principal paydown projects total cumulative return of $237,696.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9% | 6.5% |
| Monthly Cash Flow | $307 | $1,500 |
City averages based on Woodridge market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,260 |
| Total Monthly Debt Service | $3,726 |
| DSCR Ratio | 1.14x |
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 1968
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60517, Woodridge, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,533 (100%) |
| Owner Occupied HU | 8,718 (64.4%) |
| Renter Occupied HU | 4,257 (31.5%) |
| Vacant Housing Units | 558 ( 4.1%) |
| Median Home Value | $362,594 |
| Average Home Value | $399,063 |
Housing Distribution
Address Breakdown
Residential
13,541
Single Family
8,263
Multi-Family
5,278
Businesses
850
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 1968
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60517, Woodridge, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,533 (100%) |
| Owner Occupied HU | 8,718 (64.4%) |
| Renter Occupied HU | 4,257 (31.5%) |
| Vacant Housing Units | 558 ( 4.1%) |
| Median Home Value | $362,594 |
| Average Home Value | $399,063 |
Housing Distribution
Address Breakdown
Residential
13,541
Single Family
8,263
Multi-Family
5,278
Businesses
850
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices