473 W Fremont AveElmhurstIL60126
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 473 W Fremont Ave, Elmhurst, IL, 60126 in Elmhurst. At $1,594,995 it earns $11,880/mo in rent and distributes $817/mo to the owner after the $7,172/mo payment, a consistent 8.94% yield. DSCR 1.66 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $440,668 in value; $14,690/yr in principal paydown compounds ownership stake. Total projected return: $662,559.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.9% | 6.0% |
| Monthly Cash Flow | $817 | $1,500 |
City averages based on Elmhurst market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $11,880 |
| Total Monthly Debt Service | $10,429 |
| DSCR Ratio | 1.14x |
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 2024
7,425 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60126, Elmhurst, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,498 (100%) |
| Owner Occupied HU | 13,608 (73.6%) |
| Renter Occupied HU | 3,686 (19.9%) |
| Vacant Housing Units | 1,204 ( 6.5%) |
| Median Home Value | $585,688 |
| Average Home Value | $651,050 |
Housing Distribution
Address Breakdown
Residential
17,771
Single Family
14,156
Multi-Family
3,615
Businesses
1,789
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 2024
7,425 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60126, Elmhurst, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,498 (100%) |
| Owner Occupied HU | 13,608 (73.6%) |
| Renter Occupied HU | 3,686 (19.9%) |
| Vacant Housing Units | 1,204 ( 6.5%) |
| Median Home Value | $585,688 |
| Average Home Value | $651,050 |
Housing Distribution
Address Breakdown
Residential
17,771
Single Family
14,156
Multi-Family
3,615
Businesses
1,789
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices