302 Meadow DrShorewoodIL60404
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow302 Meadow Dr, Shorewood, IL, 60404 in Shorewood earns its strong cash-flow label: 10.41% yield, $3,037/mo rent, $610/mo net income, DSCR 1.93. The $350,000 acquisition cost produces immediate returns that put this property in the top tier for U.S. income assets accessible via Ziffy Mortgage's rental-income underwriting. Long-term, 5% annual appreciation adds $96,699 by year five. Combined with $3,224/yr in principal paydown, total projected return reaches $173,071.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.4% | 5.5% |
| Monthly Cash Flow | $610 | $350 |
City averages based on Shorewood market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,037 |
| Total Monthly Debt Service | $2,288 |
| DSCR Ratio | 1.33x |
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 1981
10,682 sqft lot
$N/A/sqft
No HOA
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 1981
10,682 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices