388 Elmhurst StWood DaleIL60191
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe income profile at 388 Elmhurst St, Wood Dale, IL, 60191 in Wood Dale is straightforward: $389,900 in, $3,180/mo in rent, $476/mo out after debt service. The 9.79% gross yield and 1.81 DSCR make this exactly the kind of asset Ziffy Mortgage finances for non-U.S. residents without income documentation. Appreciation at 5%/yr adds $107,722 by year five. With $3,591/yr in principal equity, the total cumulative return is projected at $179,717.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.8% | 6.0% |
| Monthly Cash Flow | $476 | $1,200 |
City averages based on Wood Dale market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,180 |
| Total Monthly Debt Service | $2,549 |
| 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.
Single Family
Built in 1988
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60191, Wood Dale, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,751 (100%) |
| Owner Occupied HU | 4,478 (77.9%) |
| Renter Occupied HU | 1,064 (18.5%) |
| Vacant Housing Units | 209 ( 3.6%) |
| Median Home Value | $344,758 |
| Average Home Value | $366,061 |
Housing Distribution
Address Breakdown
Residential
5,574
Single Family
4,264
Multi-Family
1,310
Businesses
795
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 1988
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60191, Wood Dale, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,751 (100%) |
| Owner Occupied HU | 4,478 (77.9%) |
| Renter Occupied HU | 1,064 (18.5%) |
| Vacant Housing Units | 209 ( 3.6%) |
| Median Home Value | $344,758 |
| Average Home Value | $366,061 |
Housing Distribution
Address Breakdown
Residential
5,574
Single Family
4,264
Multi-Family
1,310
Businesses
795
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mark Entwistle • Coldwell Banker Realty
Mls Name: MRED as distributed by MLS GRID
Mls Provider:
Mls ID: #12420618
Disclaimer: Based on information submitted to the MLS GRID as of 2025. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#17)