1534 9th AveBelvidereIL61008
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow1534 9th Ave, Belvidere, IL, 61008 in Belvidere is a top-tier cash-flow asset. At $180,000 it produces $2,093/mo in rent and $785/mo in net monthly income, a 13.95% gross rental yield. The DSCR of 2.59 qualifies for Ziffy Mortgage's DSCR loan without W-2s or U.S. credit history. Annual cash flow: $9,422. Five-year appreciation adds $49,731, driving a total cumulative return of $119,695.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 14% | 7.0% |
| Monthly Cash Flow | $785 | $1,200 |
City averages based on Belvidere market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,093 |
| Total Monthly Debt Service | $1,236 |
| DSCR Ratio | 1.69x |
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 1964
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61008, Belvidere, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,954 (100%) |
| Owner Occupied HU | 9,284 (71.7%) |
| Renter Occupied HU | 3,087 (23.8%) |
| Vacant Housing Units | 583 ( 4.5%) |
| Median Home Value | $198,963 |
| Average Home Value | $235,058 |
Housing Distribution
Address Breakdown
Residential
12,742
Single Family
12,220
Multi-Family
522
Businesses
839
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 1964
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61008, Belvidere, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,954 (100%) |
| Owner Occupied HU | 9,284 (71.7%) |
| Renter Occupied HU | 3,087 (23.8%) |
| Vacant Housing Units | 583 ( 4.5%) |
| Median Home Value | $198,963 |
| Average Home Value | $235,058 |
Housing Distribution
Address Breakdown
Residential
12,742
Single Family
12,220
Multi-Family
522
Businesses
839
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jeanette Solis • Smart Home Realty
Mls Name: NorthWest Illinois Alliance of REALTORS
Mls Provider:
Mls ID: #202505259
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.