1521 Gunderson AveBerwynIL60402
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 1521 Gunderson Ave, Berwyn, IL, 60402 in Berwyn. At $405,900 it earns $3,276/mo in rent and distributes $461/mo to the owner after the $1,825/mo payment, a consistent 9.69% yield. DSCR 1.80 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $112,143 in value; $3,738/yr in principal paydown compounds ownership stake. Total projected return: $184,911.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.7% | 7.2% |
| Monthly Cash Flow | $461 | $500 |
City averages based on Berwyn market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,276 |
| Total Monthly Debt Service | $2,654 |
| DSCR Ratio | 1.23x |
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 1928
3,907 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60402, Berwyn, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,551 (100%) |
| Owner Occupied HU | 13,492 (57.3%) |
| Renter Occupied HU | 8,440 (35.8%) |
| Vacant Housing Units | 1,619 ( 6.9%) |
| Median Home Value | $296,945 |
| Average Home Value | $317,742 |
Housing Distribution
Address Breakdown
Residential
20,291
Single Family
15,801
Multi-Family
4,490
Businesses
1,041
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 1928
3,907 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60402, Berwyn, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,551 (100%) |
| Owner Occupied HU | 13,492 (57.3%) |
| Renter Occupied HU | 8,440 (35.8%) |
| Vacant Housing Units | 1,619 ( 6.9%) |
| Median Home Value | $296,945 |
| Average Home Value | $317,742 |
Housing Distribution
Address Breakdown
Residential
20,291
Single Family
15,801
Multi-Family
4,490
Businesses
1,041
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices