715 Elizabeth Dr #24Wood DaleIL60191
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowTight but positive: 715 Elizabeth Dr #24, Wood Dale, IL, 60191 in Wood Dale at $249,000 earns $2,094/mo in rent and nets $80/mo after the $1,120/mo payment, a 10.09% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $68,794 over five years. Ziffy Mortgage underwrites this on a 1.87 DSCR without U.S. credit history. With $2,293/yr in principal paydown, total projected return reaches $118,833.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.1% | 6.0% |
| Monthly Cash Flow | $80 | $1,200 |
City averages based on Wood Dale market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,094 |
| Total Monthly Debt Service | $1,628 |
| DSCR Ratio | 1.29x |
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 1987
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60191, Wood Dale, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,751 (100%) |
| Owner Occupied HU | 4,478 (77.9%) |
| Renter Occupied HU | 1,064 (18.5%) |
| Vacant Housing Units | 209 ( 3.6%) |
| Median Home Value | $344,758 |
| Average Home Value | $366,061 |
Housing Distribution
Address Breakdown
Residential
5,574
Single Family
4,264
Multi-Family
1,310
Businesses
795
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 1987
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60191, Wood Dale, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,751 (100%) |
| Owner Occupied HU | 4,478 (77.9%) |
| Renter Occupied HU | 1,064 (18.5%) |
| Vacant Housing Units | 209 ( 3.6%) |
| Median Home Value | $344,758 |
| Average Home Value | $366,061 |
Housing Distribution
Address Breakdown
Residential
5,574
Single Family
4,264
Multi-Family
1,310
Businesses
795
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices