707 Redwood CtGenoaIL60135
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 707 Redwood Ct, Genoa, IL, 60135 in Genoa speaks for itself: 15.63% gross on a $250,000 price, generating $3,256/mo in rent and $1,455/mo in net income after the $1,124/mo debt service. DSCR 2.90, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $17,461 stacks alongside $69,070 in projected five-year appreciation and $2,303/yr in principal reduction. Projected total cumulative return: $189,613.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 15.6% | 7.0% |
| Monthly Cash Flow | $1,455 | $1,200 |
City averages based on Genoa market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,256 |
| Total Monthly Debt Service | $1,701 |
| DSCR Ratio | 1.91x |
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.
Multi Family
Built in N/A
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60135, Genoa, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,846 (100%) |
| Owner Occupied HU | 2,162 (76.0%) |
| Renter Occupied HU | 589 (20.7%) |
| Vacant Housing Units | 95 ( 3.3%) |
| Median Home Value | $254,808 |
| Average Home Value | $285,332 |
Housing Distribution
Address Breakdown
Residential
2,807
Single Family
2,662
Multi-Family
145
Businesses
180
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
Multi Family
Built in N/A
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60135, Genoa, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,846 (100%) |
| Owner Occupied HU | 2,162 (76.0%) |
| Renter Occupied HU | 589 (20.7%) |
| Vacant Housing Units | 95 ( 3.3%) |
| Median Home Value | $254,808 |
| Average Home Value | $285,332 |
Housing Distribution
Address Breakdown
Residential
2,807
Single Family
2,662
Multi-Family
145
Businesses
180
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices