7 Hickory DrCarpentersvilleIL60110
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeReliable and efficiently structured, 7 Hickory Dr, Carpentersville, IL, 60110 in Carpentersville is a conservative rental investment at $250,000. Rental yield 8.01%. A 1.48 coverage ratio meets Ziffy Mortgage's DSCR standard for foreign-national financing. Five-year equity: 5% appreciation adds $69,070; $2,303/yr in principal paydown supplements. Total projected return: $91,441.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8% | 7.2% |
| Monthly Cash Flow | $(65) | $350 |
City averages based on Carpentersville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,669 |
| Total Monthly Debt Service | $1,635 |
| DSCR Ratio | 1.02x |
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 1957
6,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60110, Carpentersville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,186 (100%) |
| Owner Occupied HU | 8,450 (69.3%) |
| Renter Occupied HU | 3,466 (28.4%) |
| Vacant Housing Units | 270 ( 2.2%) |
| Median Home Value | $249,542 |
| Average Home Value | $318,403 |
Housing Distribution
Address Breakdown
Residential
11,841
Single Family
11,072
Multi-Family
769
Businesses
474
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
Single Family
Built in 1957
6,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60110, Carpentersville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,186 (100%) |
| Owner Occupied HU | 8,450 (69.3%) |
| Renter Occupied HU | 3,466 (28.4%) |
| Vacant Housing Units | 270 ( 2.2%) |
| Median Home Value | $249,542 |
| Average Home Value | $318,403 |
Housing Distribution
Address Breakdown
Residential
11,841
Single Family
11,072
Multi-Family
769
Businesses
474
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kelly Schmidt • Coldwell Banker Realty
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12475330