34945 N Leonard AveInglesideIL60041
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayYield and appreciation often trade off, and at 34945 N Leonard Ave, Ingleside, IL, 60041 in Ingleside the bet is firmly on appreciation. Rental yield 5.1%. The 5.1% gross yield on a $369,000 price is below income-first thresholds, but 5%/yr value growth projects $101,948 in equity by year five. Ziffy Mortgage's non-U.S. DSCR mortgage (0.94) finances the acquisition on rental income alone. A larger down payment (30–35%) reduces monthly debt service and tightens the spread. Total projected cumulative return: $77,286.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.1% | 6.5% |
| Monthly Cash Flow | $(1,009) | $200 |
City averages based on Ingleside market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,567 |
| Total Monthly Debt Service | $2,413 |
| DSCR Ratio | 0.65x |
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 1966
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60041, Ingleside, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,216 (100%) |
| Owner Occupied HU | 3,057 (72.5%) |
| Renter Occupied HU | 769 (18.2%) |
| Vacant Housing Units | 390 ( 9.3%) |
| Median Home Value | $286,663 |
| Average Home Value | $311,190 |
Housing Distribution
Address Breakdown
Residential
3,884
Single Family
3,595
Multi-Family
289
Businesses
170
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 1966
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60041, Ingleside, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,216 (100%) |
| Owner Occupied HU | 3,057 (72.5%) |
| Renter Occupied HU | 769 (18.2%) |
| Vacant Housing Units | 390 ( 9.3%) |
| Median Home Value | $286,663 |
| Average Home Value | $311,190 |
Housing Distribution
Address Breakdown
Residential
3,884
Single Family
3,595
Multi-Family
289
Businesses
170
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices