920 Wesley Ave APT 1Oak ParkIL60304
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe cash-flow margin at 920 Wesley Ave APT 1, Oak Park, IL, 60304 in Oak Park is narrow, $93/mo net on $1,938/mo rent after the $875/mo debt service, but the property operates at break-even-plus, not a loss. At $194,500 with a 11.96% yield, the long-run equity case via 5% appreciation ($53,737 over five years) and $1,791/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 2.21 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $112,265.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12% | 6.5% |
| Monthly Cash Flow | $93 | $1,200 |
City averages based on Oak Park market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,938 |
| Total Monthly Debt Service | $1,272 |
| DSCR Ratio | 1.52x |
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 1927
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60304, Oak Park, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,341 (100%) |
| Owner Occupied HU | 4,750 (64.7%) |
| Renter Occupied HU | 2,103 (28.6%) |
| Vacant Housing Units | 488 ( 6.6%) |
| Median Home Value | $460,565 |
| Average Home Value | $488,407 |
Housing Distribution
Address Breakdown
Residential
6,874
Single Family
4,960
Multi-Family
1,914
Businesses
487
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 1927
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60304, Oak Park, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,341 (100%) |
| Owner Occupied HU | 4,750 (64.7%) |
| Renter Occupied HU | 2,103 (28.6%) |
| Vacant Housing Units | 488 ( 6.6%) |
| Median Home Value | $460,565 |
| Average Home Value | $488,407 |
Housing Distribution
Address Breakdown
Residential
6,874
Single Family
4,960
Multi-Family
1,914
Businesses
487
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices