812 North Blvd APT 201Oak ParkIL60301
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowA DSCR of 1.98 makes 812 North Blvd APT 201, Oak Park, IL, 60301 in Oak Park one of the easier properties to finance via Ziffy Mortgage's rental-income underwriting. Rental yield 10.66%. The 10.66% yield, 5% annual appreciation ($74,568 over five years), and $2,486/yr in principal reduction project a total cumulative return of $137,048.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.7% | 6.5% |
| Monthly Cash Flow | $(54) | $1,200 |
City averages based on Oak Park market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,398 |
| Total Monthly Debt Service | $1,765 |
| DSCR Ratio | 1.36x |
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 1912
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60301, Oak Park, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,945 (100%) |
| Owner Occupied HU | 612 (20.8%) |
| Renter Occupied HU | 1,905 (64.7%) |
| Vacant Housing Units | 428 (14.5%) |
| Median Home Value | $255,233 |
| Average Home Value | $323,554 |
Housing Distribution
Address Breakdown
Residential
2,196
Single Family
214
Multi-Family
1,982
Businesses
575
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 1912
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60301, Oak Park, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,945 (100%) |
| Owner Occupied HU | 612 (20.8%) |
| Renter Occupied HU | 1,905 (64.7%) |
| Vacant Housing Units | 428 (14.5%) |
| Median Home Value | $255,233 |
| Average Home Value | $323,554 |
Housing Distribution
Address Breakdown
Residential
2,196
Single Family
214
Multi-Family
1,982
Businesses
575
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices