1428 1/2 N Ashbel AveBerkeleyIL60163
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe headline number at 1428 1/2 N Ashbel Ave, Berkeley, IL, 60163 in Berkeley is the 1.50 coverage ratio: rent of $2,502/mo versus a $1,664/mo debt payment on a $369,999 property. Rental yield 8.01%. That margin is what gives Ziffy Mortgage's DSCR loan the coverage it needs for a clean, fast approval, no W-2s, no U.S. residency. Appreciation at 5%/yr projects $102,224 by year five, with $3,408/yr in equity from paydown. Total projected cumulative return: $137,362.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8% | 7.0% |
| Monthly Cash Flow | $(99) | $2,000 |
City averages based on Berkeley market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,502 |
| Total Monthly Debt Service | $2,419 |
| DSCR Ratio | 1.03x |
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 1978
5,558 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60163, Berkeley, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,944 (100%) |
| Owner Occupied HU | 1,421 (73.1%) |
| Renter Occupied HU | 428 (22.0%) |
| Vacant Housing Units | 95 ( 4.9%) |
| Median Home Value | $234,756 |
| Average Home Value | $234,710 |
Housing Distribution
Address Breakdown
Residential
1,878
Single Family
1,672
Multi-Family
206
Businesses
91
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 1978
5,558 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60163, Berkeley, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,944 (100%) |
| Owner Occupied HU | 1,421 (73.1%) |
| Renter Occupied HU | 428 (22.0%) |
| Vacant Housing Units | 95 ( 4.9%) |
| Median Home Value | $234,756 |
| Average Home Value | $234,710 |
Housing Distribution
Address Breakdown
Residential
1,878
Single Family
1,672
Multi-Family
206
Businesses
91
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices