427 S Cornell AveVilla ParkIL60181
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeHigh DSCR is a competitive advantage at closing. 427 S Cornell Ave, Villa Park, IL, 60181 in Villa Park achieves 1.51, rent of $2,173/mo covers the $1,438/mo payment 1.5x over at $319,900. Rental yield 8.15%. That makes it both an efficient operational hold and a straightforward underwrite for Ziffy Mortgage's DSCR program. No domestic credit history or income documentation required. Appreciation at 5%/yr adds $88,382 over five years, with $2,946/yr in principal reduction bringing total projected return to $119,423.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.2% | 5.5% |
| Monthly Cash Flow | $(46) | $250 |
City averages based on Villa Park market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,173 |
| Total Monthly Debt Service | $2,092 |
| DSCR Ratio | 1.04x |
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 1927
9,365 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60181, Villa Park, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,742 (100%) |
| Owner Occupied HU | 8,174 (64.2%) |
| Renter Occupied HU | 3,702 (29.1%) |
| Vacant Housing Units | 866 ( 6.8%) |
| Median Home Value | $315,340 |
| Average Home Value | $341,741 |
Housing Distribution
Address Breakdown
Residential
11,262
Single Family
8,834
Multi-Family
2,428
Businesses
1,778
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 1927
9,365 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60181, Villa Park, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,742 (100%) |
| Owner Occupied HU | 8,174 (64.2%) |
| Renter Occupied HU | 3,702 (29.1%) |
| Vacant Housing Units | 866 ( 6.8%) |
| Median Home Value | $315,340 |
| Average Home Value | $341,741 |
Housing Distribution
Address Breakdown
Residential
11,262
Single Family
8,834
Multi-Family
2,428
Businesses
1,778
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sarah Peters • Coldwell Banker Realty
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12565415