446 McDaniels Cir APT 304Clarendon HillsIL60514
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderCapital preservation and steady income define 446 McDaniels Cir APT 304, Clarendon Hills, IL, 60514 in Clarendon Hills. Rental yield 7.13%. The 1.32 coverage passes Ziffy Mortgage's DSCR threshold for non-U.S. residents. Five-year appreciation of $82,884 and $2,763/yr in principal reduction project total return of $95,584.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.1% | 6.2% |
| Monthly Cash Flow | $(776) | $250 |
City averages based on Clarendon Hills market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,783 |
| Total Monthly Debt Service | $1,961 |
| DSCR Ratio | 0.91x |
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.
Condo
Built in 2001
N/A lot
$N/A/sqft
No 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 2001
N/A lot
$N/A/sqft
No 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: MRED as distributed by MLS GRID
Mls ID: #12625158