12780 W Wakefield DrBeach ParkIL60083
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeA DSCR of 1.57 makes 12780 W Wakefield Dr, Beach Park, IL, 60083 in Beach Park one of the easier properties to finance via Ziffy Mortgage's rental-income underwriting. Rental yield 8.5%. The 8.5% yield, 5% annual appreciation ($69,043 over five years), and $2,302/yr in principal reduction project a total cumulative return of $97,913.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.5% | 6.0% |
| Monthly Cash Flow | $(185) | $150 |
City averages based on Beach Park market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,770 |
| Total Monthly Debt Service | $1,634 |
| DSCR Ratio | 1.08x |
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.
Townhouse
Built in 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60083, Wadsworth, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,658 (100%) |
| Owner Occupied HU | 3,079 (84.2%) |
| Renter Occupied HU | 434 (11.9%) |
| Vacant Housing Units | 145 ( 4.0%) |
| Median Home Value | $333,315 |
| Average Home Value | $382,460 |
Housing Distribution
Address Breakdown
Residential
3,583
Single Family
3,583
Multi-Family
0
Businesses
145
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
Townhouse
Built in 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60083, Wadsworth, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,658 (100%) |
| Owner Occupied HU | 3,079 (84.2%) |
| Renter Occupied HU | 434 (11.9%) |
| Vacant Housing Units | 145 ( 4.0%) |
| Median Home Value | $333,315 |
| Average Home Value | $382,460 |
Housing Distribution
Address Breakdown
Residential
3,583
Single Family
3,583
Multi-Family
0
Businesses
145
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jay English • Real Broker, LLC
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12533944