1902 N Washington StWheatonIL60187
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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 1902 N Washington St, Wheaton, IL, 60187 offers $2,529/mo rent that, after a $2,080/mo payment. Total monthly income is $2,529/mo. Return on cash invested measures 16.34% in year one, and rental yield stands at 7.14% at a $425,000 entry. Equity gained on principal adds $2,742/yr while 5% annual appreciation compounds into $117,420 by year five. Five-year ROI records 84.72% and total cumulative return in cash reaches $119,357. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,529/mo property income versus a $2,080/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1957
0.27 Acres 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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