629 N Carroll Pkwy APT 208GlenwoodIL60425
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeFinancing efficiency matters for international buyers, and 629 N Carroll Pkwy APT 208, Glenwood, IL, 60425 in Glenwood offers it: the 1.60 DSCR gives Ziffy Mortgage's underwriting team an unusually clean file, no U.S. credit, no personal income required. Rental yield 9.12%. Long-term, 5% appreciation is forecast to add $34,535, and $1,048/yr in principal paydown compounds equity steadily. Projected five-year cumulative return: $50,773.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 7.5% |
| Monthly Cash Flow | $(166) | $300 |
City averages based on Glenwood 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 | $950 |
| Total Monthly Debt Service | $848 |
| DSCR Ratio | 1.12x |
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 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1970
N/A 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
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