308 Hazelwood DrAlhambraIL62001
INVESTMENT ANALYSIS
Investment Verdict
Income-Producing308 Hazelwood Dr, Alhambra, IL, 62001 in Alhambra is a stable, well-positioned rental at $274,900. Rental yield 6.86%. DSCR 1.27 qualifies for Ziffy Mortgage's DSCR mortgage without U.S. income documentation. Over five years, 5% appreciation adds $75,950 in value and $2,532/yr in principal paydown builds equity, a total projected return of $83,610.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.9% | 6.0% |
| Monthly Cash Flow | $(335) | $400 |
City averages based on Alhambra market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,572 |
| Total Monthly Debt Service | $1,797 |
| DSCR Ratio | 0.87x |
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 N/A
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62001, Alhambra, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 694 (100%) |
| Owner Occupied HU | 573 (82.6%) |
| Renter Occupied HU | 83 (12.0%) |
| Vacant Housing Units | 38 ( 5.5%) |
| Median Home Value | $278,704 |
| Average Home Value | $289,250 |
Housing Distribution
Address Breakdown
Residential
553
Single Family
553
Multi-Family
0
Businesses
23
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 N/A
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62001, Alhambra, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 694 (100%) |
| Owner Occupied HU | 573 (82.6%) |
| Renter Occupied HU | 83 (12.0%) |
| Vacant Housing Units | 38 ( 5.5%) |
| Median Home Value | $278,704 |
| Average Home Value | $289,250 |
Housing Distribution
Address Breakdown
Residential
553
Single Family
553
Multi-Family
0
Businesses
23
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Phil R Hardas • Re/Max Alliance
Mls Name: MARIS
Mls Provider:
Mls ID: #24073810
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