16808 10th Ave NCarbon CliffIL61239
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 16808 10th Ave N, Carbon Cliff, IL, 61239 in Carbon Cliff speaks for itself: 14.82% gross on a $112,500 price, generating $1,390/mo in rent and $609/mo in net income after the $506/mo debt service. DSCR 2.75, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $7,311 stacks alongside $31,082 in projected five-year appreciation and $1,036/yr in principal reduction. Projected total cumulative return: $82,290.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 14.8% | 6.2% |
| Monthly Cash Flow | $609 | $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 | $1,390 |
| Total Monthly Debt Service | $736 |
| DSCR Ratio | 1.89x |
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
9,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61239, Carbon Cliff, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 284 (100%) |
| Owner Occupied HU | 149 (52.5%) |
| Renter Occupied HU | 87 (30.6%) |
| Vacant Housing Units | 48 (16.9%) |
| Median Home Value | $162,500 |
| Average Home Value | $206,426 |
Housing Distribution
Address Breakdown
Residential
328
Single Family
211
Multi-Family
117
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 1964
9,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61239, Carbon Cliff, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 284 (100%) |
| Owner Occupied HU | 149 (52.5%) |
| Renter Occupied HU | 87 (30.6%) |
| Vacant Housing Units | 48 (16.9%) |
| Median Home Value | $162,500 |
| Average Home Value | $206,426 |
Housing Distribution
Address Breakdown
Residential
328
Single Family
211
Multi-Family
117
Businesses
24
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brittney Mills • Mel Foster Co. Aledo
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4264263
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-26 22:37:56 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#564)