593 Prairie AveGlen EllynIL60137
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Glen Ellyn rentals match the income profile of 593 Prairie Ave, Glen Ellyn, IL, 60137. Listed at $515,000, gross rent is $4,477/mo and net cash flow is $905/mo, a 10.43% yield well above national averages. DSCR 1.93 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $142,285 by year five with $4,743/yr in annual principal reduction, projecting $255,189 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.4% | 5.0% |
| Monthly Cash Flow | $905 | $250 |
City averages based on Glen Ellyn market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,477 |
| Total Monthly Debt Service | $3,367 |
| DSCR Ratio | 1.33x |
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 1920
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60137, Glen Ellyn, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,353 (100%) |
| Owner Occupied HU | 11,582 (75.4%) |
| Renter Occupied HU | 3,130 (20.4%) |
| Vacant Housing Units | 641 ( 4.2%) |
| Median Home Value | $534,216 |
| Average Home Value | $589,128 |
Housing Distribution
Address Breakdown
Residential
14,840
Single Family
11,430
Multi-Family
3,410
Businesses
896
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 1920
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60137, Glen Ellyn, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,353 (100%) |
| Owner Occupied HU | 11,582 (75.4%) |
| Renter Occupied HU | 3,130 (20.4%) |
| Vacant Housing Units | 641 ( 4.2%) |
| Median Home Value | $534,216 |
| Average Home Value | $589,128 |
Housing Distribution
Address Breakdown
Residential
14,840
Single Family
11,430
Multi-Family
3,410
Businesses
896
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brandon Blankenship • Keller Williams Premiere Properties
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12431646