324 Warren RdGlenviewIL60025
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 324 Warren Rd, Glenview, IL, 60025 in Glenview at $550,000 earns $3,832/mo in rent and nets $17/mo after the $2,473/mo payment, a 8.36% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $151,955 over five years. Ziffy Mortgage underwrites this on a 1.55 DSCR without U.S. credit history. With $5,066/yr in principal paydown, total projected return reaches $211,494.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.4% | 4.5% |
| Monthly Cash Flow | $17 | $1,500 |
City averages based on Glenview market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,832 |
| Total Monthly Debt Service | $3,596 |
| DSCR Ratio | 1.07x |
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 1958
8,524 sqft 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
Single Family
Built in 1958
8,524 sqft 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