728 Laporte AveWilmetteIL60091
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow728 Laporte Ave, Wilmette, IL, 60091 in Wilmette is a top-tier cash-flow asset. At $469,000 it produces $7,202/mo in rent and $3,343/mo in net monthly income, a 18.43% gross rental yield. The DSCR of 3.41 qualifies for Ziffy Mortgage's DSCR loan without W-2s or U.S. credit history. Annual cash flow: $40,118. Five-year appreciation adds $129,576, driving a total cumulative return of $397,127.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 18.4% | 6.5% |
| Monthly Cash Flow | $3,343 | $1,200 |
City averages based on Wilmette market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $7,202 |
| Total Monthly Debt Service | $3,673 |
| DSCR Ratio | 1.96x |
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 1956
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60091, Wilmette, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,598 (100%) |
| Owner Occupied HU | 8,510 (80.3%) |
| Renter Occupied HU | 1,468 (13.9%) |
| Vacant Housing Units | 620 ( 5.9%) |
| Median Home Value | $768,626 |
| Average Home Value | $890,982 |
Housing Distribution
Address Breakdown
Residential
10,487
Single Family
8,715
Multi-Family
1,772
Businesses
835
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 1956
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60091, Wilmette, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,598 (100%) |
| Owner Occupied HU | 8,510 (80.3%) |
| Renter Occupied HU | 1,468 (13.9%) |
| Vacant Housing Units | 620 ( 5.9%) |
| Median Home Value | $768,626 |
| Average Home Value | $890,982 |
Housing Distribution
Address Breakdown
Residential
10,487
Single Family
8,715
Multi-Family
1,772
Businesses
835
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices