3880 Scott StSchiller ParkIL60176
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play3880 Scott St, Schiller Park, IL, 60176 in Schiller Park is priced for appreciation, not yield. Rental yield 4.28%. At $488,000 with a 4.28% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $134,825 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (0.79) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $80,818.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.3% | 6.0% |
| Monthly Cash Flow | $(1,645) | $1,200 |
City averages based on Schiller Park market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,740 |
| Total Monthly Debt Service | $3,191 |
| DSCR Ratio | 0.55x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 1951
0.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60176, Schiller Park, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,612 (100%) |
| Owner Occupied HU | 2,489 (54.0%) |
| Renter Occupied HU | 1,876 (40.7%) |
| Vacant Housing Units | 247 ( 5.4%) |
| Median Home Value | $289,521 |
| Average Home Value | $381,041 |
Housing Distribution
Address Breakdown
Residential
4,572
Single Family
2,423
Multi-Family
2,149
Businesses
439
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 1951
0.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60176, Schiller Park, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,612 (100%) |
| Owner Occupied HU | 2,489 (54.0%) |
| Renter Occupied HU | 1,876 (40.7%) |
| Vacant Housing Units | 247 ( 5.4%) |
| Median Home Value | $289,521 |
| Average Home Value | $381,041 |
Housing Distribution
Address Breakdown
Residential
4,572
Single Family
2,423
Multi-Family
2,149
Businesses
439
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12577251