0N315 Herrick DrWheatonIL60187
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 0N315 Herrick Dr, Wheaton, IL, 60187 in Wheaton: $6,186/mo in rent, $529/mo in net income, 9.1% gross yield, 1.69 DSCR, all at $815,600. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $225,335 in appreciation and $7,512/yr in principal paydown projects total cumulative return of $345,990.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 6.5% |
| Monthly Cash Flow | $529 | $300 |
City averages based on Wheaton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $6,186 |
| Total Monthly Debt Service | $5,333 |
| DSCR Ratio | 1.16x |
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.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60187, Wheaton, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,700 (100%) |
| Owner Occupied HU | 7,428 (69.4%) |
| Renter Occupied HU | 2,688 (25.1%) |
| Vacant Housing Units | 584 ( 5.5%) |
| Median Home Value | $495,734 |
| Average Home Value | $540,377 |
Housing Distribution
Address Breakdown
Residential
10,754
Single Family
7,811
Multi-Family
2,943
Businesses
1,523
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
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60187, Wheaton, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,700 (100%) |
| Owner Occupied HU | 7,428 (69.4%) |
| Renter Occupied HU | 2,688 (25.1%) |
| Vacant Housing Units | 584 ( 5.5%) |
| Median Home Value | $495,734 |
| Average Home Value | $540,377 |
Housing Distribution
Address Breakdown
Residential
10,754
Single Family
7,811
Multi-Family
2,943
Businesses
1,523
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices