4545 Prescott Ave APT 309LyonsIL60534
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeAt 1.79, 4545 Prescott Ave APT 309, Lyons, IL, 60534 in Lyons sits at the top of Ziffy Mortgage's DSCR coverage band, a significant advantage for non-U.S. buyers closing without domestic income documentation. Rental yield 9.31%. The 9.31% yield is backed by 5% annual appreciation projecting $44,758 in value gain, plus $1,492/yr in principal reduction. Total projected cumulative return: $57,853.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.3% | 6.0% |
| Monthly Cash Flow | $(299) | $300 |
City averages based on Lyons market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,303 |
| Total Monthly Debt Service | $1,321 |
| DSCR Ratio | 0.99x |
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 1974
0.36 Acres lot
$N/A/sqft
$262 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60534, Lyons, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,364 (100%) |
| Owner Occupied HU | 2,529 (58.0%) |
| Renter Occupied HU | 1,521 (34.9%) |
| Vacant Housing Units | 314 ( 7.2%) |
| Median Home Value | $268,131 |
| Average Home Value | $309,869 |
Housing Distribution
Address Breakdown
Residential
4,067
Single Family
2,921
Multi-Family
1,146
Businesses
376
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 1974
0.36 Acres lot
$N/A/sqft
$262 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60534, Lyons, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,364 (100%) |
| Owner Occupied HU | 2,529 (58.0%) |
| Renter Occupied HU | 1,521 (34.9%) |
| Vacant Housing Units | 314 ( 7.2%) |
| Median Home Value | $268,131 |
| Average Home Value | $309,869 |
Housing Distribution
Address Breakdown
Residential
4,067
Single Family
2,921
Multi-Family
1,146
Businesses
376
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices