326 Park Ave APT 21Clarendon HillsIL60514
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowHigh DSCR is a competitive advantage at closing. 326 Park Ave APT 21, Clarendon Hills, IL, 60514 in Clarendon Hills achieves 2.17, rent of $2,830/mo covers the $1,305/mo payment 1.5x over at $290,200. Rental yield 11.7%. That makes it both an efficient operational hold and a straightforward underwrite for Ziffy Mortgage's DSCR program. No domestic credit history or income documentation required. Appreciation at 5%/yr adds $80,177 over five years, with $2,673/yr in principal reduction bringing total projected return to $111,686.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.7% | 6.2% |
| Monthly Cash Flow | $(48) | $250 |
City averages based on Clarendon Hills market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,830 |
| Total Monthly Debt Service | $2,762 |
| DSCR Ratio | 1.02x |
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.
Condo
Built in 1987
1.46 Acres lot
$N/A/sqft
$865 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60514, Clarendon Hills, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,114 (100%) |
| Owner Occupied HU | 2,920 (71.0%) |
| Renter Occupied HU | 889 (21.6%) |
| Vacant Housing Units | 305 ( 7.4%) |
| Median Home Value | $634,775 |
| Average Home Value | $757,087 |
Housing Distribution
Address Breakdown
Residential
3,927
Single Family
3,015
Multi-Family
912
Businesses
232
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
Condo
Built in 1987
1.46 Acres lot
$N/A/sqft
$865 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60514, Clarendon Hills, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,114 (100%) |
| Owner Occupied HU | 2,920 (71.0%) |
| Renter Occupied HU | 889 (21.6%) |
| Vacant Housing Units | 305 ( 7.4%) |
| Median Home Value | $634,775 |
| Average Home Value | $757,087 |
Housing Distribution
Address Breakdown
Residential
3,927
Single Family
3,015
Multi-Family
912
Businesses
232
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A