7120 W 108th St UNIT 1EWorthIL60482
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeHigh DSCR is a competitive advantage at closing. 7120 W 108th St UNIT 1E, Worth, IL, 60482 in Worth achieves 1.58, rent of $1,667/mo covers the $1,052/mo payment 1.5x over at $234,000. Rental yield 8.55%. That makes it both an efficient operational hold and a straightforward underwrite for Ziffy Mortgage's DSCR program. No domestic credit history or income documentation required. Appreciation at 5%/yr adds $64,650 over five years, with $2,155/yr in principal reduction bringing total projected return to $92,367.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.6% | 7.0% |
| Monthly Cash Flow | $(206) | $1,200 |
City averages based on Worth market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,667 |
| Total Monthly Debt Service | $1,530 |
| DSCR Ratio | 1.09x |
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 2005
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60482, Worth, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,619 (100%) |
| Owner Occupied HU | 2,987 (64.7%) |
| Renter Occupied HU | 1,414 (30.6%) |
| Vacant Housing Units | 218 ( 4.7%) |
| Median Home Value | $239,799 |
| Average Home Value | $241,460 |
Housing Distribution
Address Breakdown
Residential
4,613
Single Family
2,996
Multi-Family
1,617
Businesses
381
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 2005
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60482, Worth, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,619 (100%) |
| Owner Occupied HU | 2,987 (64.7%) |
| Renter Occupied HU | 1,414 (30.6%) |
| Vacant Housing Units | 218 ( 4.7%) |
| Median Home Value | $239,799 |
| Average Home Value | $241,460 |
Housing Distribution
Address Breakdown
Residential
4,613
Single Family
2,996
Multi-Family
1,617
Businesses
381
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices