1909 Harvey AveBerwynIL60402
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 1909 Harvey Ave, Berwyn, IL, 60402 in Berwyn is narrow, $123/mo net on $3,276/mo rent after the $1,894/mo debt service, but the property operates at break-even-plus, not a loss. At $421,100 with a 9.34% yield, the long-run equity case via 5% appreciation ($116,342 over five years) and $3,878/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.73 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $169,922.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.3% | 7.2% |
| Monthly Cash Flow | $123 | $500 |
City averages based on Berwyn market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,276 |
| Total Monthly Debt Service | $2,986 |
| DSCR Ratio | 1.10x |
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.
Multi Family
Built in 1917
4,410 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60402, Berwyn, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,551 (100%) |
| Owner Occupied HU | 13,492 (57.3%) |
| Renter Occupied HU | 8,440 (35.8%) |
| Vacant Housing Units | 1,619 ( 6.9%) |
| Median Home Value | $296,945 |
| Average Home Value | $317,742 |
Housing Distribution
Address Breakdown
Residential
20,291
Single Family
15,801
Multi-Family
4,490
Businesses
1,041
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
Multi Family
Built in 1917
4,410 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60402, Berwyn, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,551 (100%) |
| Owner Occupied HU | 13,492 (57.3%) |
| Renter Occupied HU | 8,440 (35.8%) |
| Vacant Housing Units | 1,619 ( 6.9%) |
| Median Home Value | $296,945 |
| Average Home Value | $317,742 |
Housing Distribution
Address Breakdown
Residential
20,291
Single Family
15,801
Multi-Family
4,490
Businesses
1,041
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices