140 N Elroy AveBartlettIL60103
INVESTMENT ANALYSIS
Investment Verdict
Solid Income140 N Elroy Ave, Bartlett, IL, 60103 in Bartlett earns a respectable 8.86% gross yield at $324,327, but after the $1,458/mo mortgage the net cash flow is $144/mo, a tight but positive spread. Expense discipline (vacancy, management, maintenance) will determine whether the margin widens. Ziffy Mortgage's DSCR mortgage (1.64) still qualifies on property income; a larger down payment can improve the cash-flow buffer. Long-term, 5% appreciation projects $89,606 over five years, making equity the dominant return driver. Total projected return: $133,357.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.9% | 6.0% |
| Monthly Cash Flow | $144 | $1,500 |
City averages based on Bartlett market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,394 |
| Total Monthly Debt Service | $2,121 |
| DSCR Ratio | 1.13x |
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 1926
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60103, Bartlett, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,654 (100%) |
| Owner Occupied HU | 12,626 (86.2%) |
| Renter Occupied HU | 1,699 (11.6%) |
| Vacant Housing Units | 329 ( 2.2%) |
| Median Home Value | $356,237 |
| Average Home Value | $368,877 |
Housing Distribution
Address Breakdown
Residential
14,741
Single Family
13,944
Multi-Family
797
Businesses
629
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 1926
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60103, Bartlett, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,654 (100%) |
| Owner Occupied HU | 12,626 (86.2%) |
| Renter Occupied HU | 1,699 (11.6%) |
| Vacant Housing Units | 329 ( 2.2%) |
| Median Home Value | $356,237 |
| Average Home Value | $368,877 |
Housing Distribution
Address Breakdown
Residential
14,741
Single Family
13,944
Multi-Family
797
Businesses
629
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices