4010 150th St APT 10MidlothianIL60445
INVESTMENT ANALYSIS
Investment Verdict
Solid Income4010 150th St APT 10, Midlothian, IL, 60445 in Midlothian carries a 1.71 coverage ratio, rent of $1,073/mo is 1.71 times the $629/mo payment. Rental yield 9.2%. That margin gives both the investor and Ziffy Mortgage's DSCR underwriting a comfortable buffer at a $139,900 acquisition price. No U.S. credit or income documentation required. Five-year appreciation adds $38,652; total projected cumulative return: $60,148.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 7.0% |
| Monthly Cash Flow | $(147) | $300 |
City averages based on Midlothian market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,073 |
| Total Monthly Debt Service | $915 |
| DSCR Ratio | 1.17x |
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 1983
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60445, Midlothian, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,695 (100%) |
| Owner Occupied HU | 4,082 (71.7%) |
| Renter Occupied HU | 1,262 (22.2%) |
| Vacant Housing Units | 351 ( 6.2%) |
| Median Home Value | $225,228 |
| Average Home Value | $258,096 |
Housing Distribution
Address Breakdown
Residential
5,464
Single Family
4,582
Multi-Family
882
Businesses
324
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 1983
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60445, Midlothian, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,695 (100%) |
| Owner Occupied HU | 4,082 (71.7%) |
| Renter Occupied HU | 1,262 (22.2%) |
| Vacant Housing Units | 351 ( 6.2%) |
| Median Home Value | $225,228 |
| Average Home Value | $258,096 |
Housing Distribution
Address Breakdown
Residential
5,464
Single Family
4,582
Multi-Family
882
Businesses
324
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Carol Treace • Arrow Enterprises INC
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12563541