709 79th St APT 204DarienIL60561
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 709 79th St APT 204, Darien, IL, 60561 in Darien deserves attention. This $280,100 property earns $2,941/mo in rent, a 12.6% gross yield, and nets $704/mo after the $1,260/mo payment. DSCR 2.33 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $77,386 compounds alongside $2,580/yr in yearly equity build, for a total cumulative return of $153,730.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.6% | 6.0% |
| Monthly Cash Flow | $704 | $2,500 |
City averages based on Darien market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,941 |
| Total Monthly Debt Service | $2,125 |
| DSCR Ratio | 1.38x |
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 1979
6.23 Acres lot
$N/A/sqft
$294 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60561, Darien, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,502 (100%) |
| Owner Occupied HU | 7,506 (79.0%) |
| Renter Occupied HU | 1,610 (16.9%) |
| Vacant Housing Units | 386 ( 4.1%) |
| Median Home Value | $400,196 |
| Average Home Value | $444,637 |
Housing Distribution
Address Breakdown
Residential
9,600
Single Family
7,961
Multi-Family
1,639
Businesses
361
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 1979
6.23 Acres lot
$N/A/sqft
$294 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60561, Darien, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,502 (100%) |
| Owner Occupied HU | 7,506 (79.0%) |
| Renter Occupied HU | 1,610 (16.9%) |
| Vacant Housing Units | 386 ( 4.1%) |
| Median Home Value | $400,196 |
| Average Home Value | $444,637 |
Housing Distribution
Address Breakdown
Residential
9,600
Single Family
7,961
Multi-Family
1,639
Businesses
361
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices