693 E Fullerton Ave APT 206Glendale HeightsIL60139
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 693 E Fullerton Ave APT 206, Glendale Heights, IL, 60139 in Glendale Heights at $169,900 earns $1,297/mo in rent and nets $119/mo after the $764/mo payment, a 9.16% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $46,940 over five years. Ziffy Mortgage underwrites this on a 1.70 DSCR without U.S. credit history. With $1,565/yr in principal paydown, total projected return reaches $72,639.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 5.5% |
| Monthly Cash Flow | $119 | $1,500 |
City averages based on Glendale Heights market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,297 |
| Total Monthly Debt Service | $1,111 |
| DSCR Ratio | 1.17x |
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.
Condo
Built in 1970
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60139, Glendale Heights, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,833 (100%) |
| Owner Occupied HU | 7,394 (62.5%) |
| Renter Occupied HU | 3,799 (32.1%) |
| Vacant Housing Units | 640 ( 5.4%) |
| Median Home Value | $268,330 |
| Average Home Value | $288,664 |
Housing Distribution
Address Breakdown
Residential
11,304
Single Family
7,755
Multi-Family
3,549
Businesses
665
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
Condo
Built in 1970
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60139, Glendale Heights, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,833 (100%) |
| Owner Occupied HU | 7,394 (62.5%) |
| Renter Occupied HU | 3,799 (32.1%) |
| Vacant Housing Units | 640 ( 5.4%) |
| Median Home Value | $268,330 |
| Average Home Value | $288,664 |
Housing Distribution
Address Breakdown
Residential
11,304
Single Family
7,755
Multi-Family
3,549
Businesses
665
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Silas Coleman • A Progeny Global LLC
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12464906