164 Beachview CtVarnaIL61375
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Varna rentals match the income profile of 164 Beachview Ct, Varna, IL, 61375. Listed at $249,000, gross rent is $2,576/mo and net cash flow is $776/mo, a 12.42% yield well above national averages. DSCR 2.30 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $68,794 by year five with $2,293/yr in annual principal reduction, projecting $145,461 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.4% | 7.0% |
| Monthly Cash Flow | $776 | $1,200 |
City averages based on Varna market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $2,576 |
| Total Monthly Debt Service | $1,701 |
| DSCR Ratio | 1.51x |
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 1971
N/A lot
$N/A/sqft
$875 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61375, Varna, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 803 (100%) |
| Owner Occupied HU | 461 (57.4%) |
| Renter Occupied HU | 60 ( 7.5%) |
| Vacant Housing Units | 282 (35.1%) |
| Median Home Value | $174,328 |
| Average Home Value | $215,873 |
Housing Distribution
Address Breakdown
Residential
458
Single Family
458
Multi-Family
0
Businesses
24
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 1971
N/A lot
$N/A/sqft
$875 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61375, Varna, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 803 (100%) |
| Owner Occupied HU | 461 (57.4%) |
| Renter Occupied HU | 60 ( 7.5%) |
| Vacant Housing Units | 282 (35.1%) |
| Median Home Value | $174,328 |
| Average Home Value | $215,873 |
Housing Distribution
Address Breakdown
Residential
458
Single Family
458
Multi-Family
0
Businesses
24
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices