3 Carlock DRIVEDanforthIL60930
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 3 Carlock DRIVE, Danforth, IL, 60930 in Danforth. Rental yield 0%. At $1,250,000 with 0% gross yield, current distributions are modest, but the 5% appreciation rate projects $345,352 in new equity by year five, complemented by $11,513/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.75) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $192,223.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 10.0% |
| Monthly Cash Flow | $0 | $1,200 |
City averages based on Danforth market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,229 |
| Total Monthly Debt Service | $8,173 |
| DSCR Ratio | 0.52x |
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.
Single Family
Built in 2001
41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60930, Danforth, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 361 (100%) |
| Owner Occupied HU | 259 (71.7%) |
| Renter Occupied HU | 52 (14.4%) |
| Vacant Housing Units | 50 (13.9%) |
| Median Home Value | $167,955 |
| Average Home Value | $198,707 |
Housing Distribution
Address Breakdown
Residential
187
Single Family
187
Multi-Family
0
Businesses
17
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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 2001
41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60930, Danforth, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 361 (100%) |
| Owner Occupied HU | 259 (71.7%) |
| Renter Occupied HU | 52 (14.4%) |
| Vacant Housing Units | 50 (13.9%) |
| Median Home Value | $167,955 |
| Average Home Value | $198,707 |
Housing Distribution
Address Breakdown
Residential
187
Single Family
187
Multi-Family
0
Businesses
17
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Janet Victoria • Real Property Pros
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1916125
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.