16702 78th Ave WTaylor RidgeIL61284
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid, durable, and financeable, 16702 78th Ave W, Taylor Ridge, IL, 61284 in Taylor Ridge earns a 9.94% gross yield at $209,000. Rent of $1,730/mo nets $281/mo after the $940/mo mortgage. The 1.84 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $57,743 and $1,925/yr in equity accumulation project a total cumulative return of $97,994.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.9% | 6.2% |
| Monthly Cash Flow | $281 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,730 |
| Total Monthly Debt Service | $1,367 |
| DSCR Ratio | 1.27x |
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 1958
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61284, Taylor Ridge, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,028 (100%) |
| Owner Occupied HU | 889 (86.5%) |
| Renter Occupied HU | 89 ( 8.7%) |
| Vacant Housing Units | 50 ( 4.9%) |
| Median Home Value | $243,382 |
| Average Home Value | $261,690 |
Housing Distribution
Address Breakdown
Residential
951
Single Family
951
Multi-Family
0
Businesses
28
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 1958
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61284, Taylor Ridge, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,028 (100%) |
| Owner Occupied HU | 889 (86.5%) |
| Renter Occupied HU | 89 ( 8.7%) |
| Vacant Housing Units | 50 ( 4.9%) |
| Median Home Value | $243,382 |
| Average Home Value | $261,690 |
Housing Distribution
Address Breakdown
Residential
951
Single Family
951
Multi-Family
0
Businesses
28
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: MEL FOSTER CO.
Mls Provider:
Mls ID: #QC4255937