1411 College AveWheatonIL60187
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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
Investment Highlights
Rental property for sale in Wheaton at 1411 College Ave, Wheaton, IL, 60187 generates $2,766/mo in rent and, after a $1,835/mo payment, leaves $165/mo in cash flow. Total monthly income is $2,766/mo, and annual cash flow is $1,984/yr on $124,313 invested. Return on cash invested sits at 21.51% in year one, and rental yield is 8.85% on a $375,000 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 112.4% and total cumulative return in cash sums $139,731. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,766/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
7,535 sqft 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
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