1350 S Lorraine Rd APT CWheatonIL60189
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe income profile at 1350 S Lorraine Rd APT C, Wheaton, IL, 60189 in Wheaton is straightforward: $257,000 in, $2,466/mo in rent, $388/mo out after debt service. The 11.51% gross yield and 2.13 DSCR make this exactly the kind of asset Ziffy Mortgage finances for non-U.S. residents without income documentation. Appreciation at 5%/yr adds $71,004 by year five. With $2,367/yr in principal equity, the total cumulative return is projected at $124,580.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.5% | 6.5% |
| Monthly Cash Flow | $388 | $300 |
City averages based on Wheaton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,466 |
| Total Monthly Debt Service | $1,975 |
| DSCR Ratio | 1.25x |
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.
Townhouse
Built in 1989
N/A lot
$N/A/sqft
$295 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60189, Wheaton, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,250 (100%) |
| Owner Occupied HU | 9,358 (76.4%) |
| Renter Occupied HU | 2,466 (20.1%) |
| Vacant Housing Units | 426 ( 3.5%) |
| Median Home Value | $498,105 |
| Average Home Value | $538,070 |
Housing Distribution
Address Breakdown
Residential
12,210
Single Family
9,475
Multi-Family
2,735
Businesses
500
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
Townhouse
Built in 1989
N/A lot
$N/A/sqft
$295 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60189, Wheaton, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,250 (100%) |
| Owner Occupied HU | 9,358 (76.4%) |
| Renter Occupied HU | 2,466 (20.1%) |
| Vacant Housing Units | 426 ( 3.5%) |
| Median Home Value | $498,105 |
| Average Home Value | $538,070 |
Housing Distribution
Address Breakdown
Residential
12,210
Single Family
9,475
Multi-Family
2,735
Businesses
500
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices