48 N Wabash AveGlenwoodIL60425
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 48 N Wabash Ave, Glenwood, IL, 60425 in Glenwood hard to pass up. The 27.19% gross yield on a $267,000 purchase results in $6,049/mo in rent and $4,183/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (5.04). Annual cash flow of $50,196, five-year appreciation of $73,767, and $2,459/yr in equity build-up combine for a projected total cumulative return of $372,172.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 27.2% | 7.5% |
| Monthly Cash Flow | $4,183 | $300 |
City averages based on Glenwood market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $6,049 |
| Total Monthly Debt Service | $1,746 |
| DSCR Ratio | 3.47x |
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.
Single Family
Built in 1926
0.29 Acres lot
$N/A/sqft
No HOA
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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 1926
0.29 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices