7736 W Winona StNorridgeIL60706
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 7736 W Winona St, Norridge, IL, 60706 in Norridge at $405,900 earns $2,940/mo in rent and nets $125/mo after the $1,825/mo payment, a 8.69% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $112,143 over five years. Ziffy Mortgage underwrites this on a 1.61 DSCR without U.S. credit history. With $3,738/yr in principal paydown, total projected return reaches $163,299.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.7% | 6.0% |
| Monthly Cash Flow | $125 | $200 |
City averages based on Norridge market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,940 |
| Total Monthly Debt Service | $2,654 |
| DSCR Ratio | 1.11x |
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
4,137 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60706, Harwood Heights, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,776 (100%) |
| Owner Occupied HU | 6,886 (70.4%) |
| Renter Occupied HU | 2,426 (24.8%) |
| Vacant Housing Units | 464 ( 4.7%) |
| Median Home Value | $360,180 |
| Average Home Value | $400,649 |
Housing Distribution
Address Breakdown
Residential
9,585
Single Family
7,225
Multi-Family
2,360
Businesses
618
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
4,137 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60706, Harwood Heights, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,776 (100%) |
| Owner Occupied HU | 6,886 (70.4%) |
| Renter Occupied HU | 2,426 (24.8%) |
| Vacant Housing Units | 464 ( 4.7%) |
| Median Home Value | $360,180 |
| Average Home Value | $400,649 |
Housing Distribution
Address Breakdown
Residential
9,585
Single Family
7,225
Multi-Family
2,360
Businesses
618
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices