7307 W College DrPalos HeightsIL60463
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 7307 W College Dr, Palos Heights, IL, 60463 in Palos Heights. Priced at $380,000, it generates $3,553/mo in gross rent and $917/mo in net monthly cash flow, a 11.22% yield that comfortably supports the 2.08 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $11,010. Five-year appreciation: $104,987. Equity from principal paydown: $3,500/yr. Total projected cumulative return: $204,366.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.2% | 5.0% |
| Monthly Cash Flow | $917 | $250 |
City averages based on Palos Heights market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,553 |
| Total Monthly Debt Service | $2,485 |
| DSCR Ratio | 1.43x |
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 1953
0.35 Acres lot
$N/A/sqft
No HOA
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 1953
0.35 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lourdes Fernando • Keller Williams ONEChicago
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12537596