9612 W Higgins Rd APT 3ERosemontIL60018
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeReliable and efficiently structured, 9612 W Higgins Rd APT 3E, Rosemont, IL, 60018 in Rosemont is a conservative rental investment at $229,500. Rental yield 8.04%. A 1.49 coverage ratio meets Ziffy Mortgage's DSCR standard for foreign-national financing. Five-year equity: 5% appreciation adds $63,407; $2,114/yr in principal paydown supplements. Total projected return: $69,338.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8% | 6.5% |
| Monthly Cash Flow | $(304) | $2,000 |
City averages based on Rosemont market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,538 |
| Total Monthly Debt Service | $1,751 |
| DSCR Ratio | 0.88x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 1960
0.40 Acres lot
$N/A/sqft
$250 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60018, Des Plaines, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,621 (100%) |
| Owner Occupied HU | 7,471 (70.3%) |
| Renter Occupied HU | 2,642 (24.9%) |
| Vacant Housing Units | 508 ( 4.8%) |
| Median Home Value | $323,190 |
| Average Home Value | $328,090 |
Housing Distribution
Address Breakdown
Residential
10,775
Single Family
8,063
Multi-Family
2,712
Businesses
1,635
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 1960
0.40 Acres lot
$N/A/sqft
$250 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60018, Des Plaines, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,621 (100%) |
| Owner Occupied HU | 7,471 (70.3%) |
| Renter Occupied HU | 2,642 (24.9%) |
| Vacant Housing Units | 508 ( 4.8%) |
| Median Home Value | $323,190 |
| Average Home Value | $328,090 |
Housing Distribution
Address Breakdown
Residential
10,775
Single Family
8,063
Multi-Family
2,712
Businesses
1,635
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices