505 S Knollwood DrWheatonIL60187
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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 505 S Knollwood Dr, Wheaton, IL, 60187 priced at $549,000 pairs $4,867/mo rent with $1,059/mo cash flow after a $2,687/mo payment. Total monthly income equals $4,867/mo, and annual cash flow comes to $12,709/yr on $180,621 invested. Return on cash invested is 27.1% in year one, and rental yield stands at 10.64% on a $549,000 basis. Equity gained on principal adds $3,543/yr, and 5% annual appreciation accumulates to $151,679 by year five. Five-year ROI measures 142.36% and total cumulative return in cash reaches $257,132. For financing, Ziffy Mortgage’s DSCR program evaluates $4,867/mo property income against a $2,687/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1927
0.25 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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