4901 Golf Rd APT 202SkokieIL60077
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow4901 Golf Rd APT 202, Skokie, IL, 60077 in Skokie is a top-tier cash-flow asset. At $350,000 it produces $3,620/mo in rent and $613/mo in net monthly income, a 12.41% gross rental yield. The DSCR of 2.30 qualifies for Ziffy Mortgage's DSCR loan without W-2s or U.S. credit history. Annual cash flow: $7,353. Five-year appreciation adds $96,699, driving a total cumulative return of $175,807.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.4% | 5.0% |
| Monthly Cash Flow | $613 | $300 |
City averages based on Skokie market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,620 |
| Total Monthly Debt Service | $2,868 |
| DSCR Ratio | 1.26x |
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 1978
N/A lot
$N/A/sqft
$580 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60077, Skokie, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,412 (100%) |
| Owner Occupied HU | 6,835 (59.9%) |
| Renter Occupied HU | 3,980 (34.9%) |
| Vacant Housing Units | 597 ( 5.2%) |
| Median Home Value | $354,218 |
| Average Home Value | $389,827 |
Housing Distribution
Address Breakdown
Residential
11,210
Single Family
5,188
Multi-Family
6,022
Businesses
1,340
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 1978
N/A lot
$N/A/sqft
$580 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60077, Skokie, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,412 (100%) |
| Owner Occupied HU | 6,835 (59.9%) |
| Renter Occupied HU | 3,980 (34.9%) |
| Vacant Housing Units | 597 ( 5.2%) |
| Median Home Value | $354,218 |
| Average Home Value | $389,827 |
Housing Distribution
Address Breakdown
Residential
11,210
Single Family
5,188
Multi-Family
6,022
Businesses
1,340
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices