1924 S 16th AveBroadviewIL60155
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow1924 S 16th Ave, Broadview, IL, 60155 in Broadview earns its strong cash-flow label: 10.49% yield, $4,799/mo rent, $991/mo net income, DSCR 1.94. The $549,000 acquisition cost produces immediate returns that put this property in the top tier for U.S. income assets accessible via Ziffy Mortgage's rental-income underwriting. Long-term, 5% annual appreciation adds $151,679 by year five. Combined with $5,056/yr in principal paydown, total projected return reaches $273,757.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.5% | 7.0% |
| Monthly Cash Flow | $991 | $1,500 |
City averages based on Broadview market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,799 |
| Total Monthly Debt Service | $3,590 |
| DSCR Ratio | 1.34x |
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 1960
5,520 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60155, Broadview, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,390 (100%) |
| Owner Occupied HU | 1,998 (58.9%) |
| Renter Occupied HU | 1,194 (35.2%) |
| Vacant Housing Units | 198 ( 5.8%) |
| Median Home Value | $240,551 |
| Average Home Value | $228,725 |
Housing Distribution
Address Breakdown
Residential
3,302
Single Family
2,304
Multi-Family
998
Businesses
376
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 1960
5,520 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60155, Broadview, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,390 (100%) |
| Owner Occupied HU | 1,998 (58.9%) |
| Renter Occupied HU | 1,194 (35.2%) |
| Vacant Housing Units | 198 ( 5.8%) |
| Median Home Value | $240,551 |
| Average Home Value | $228,725 |
Housing Distribution
Address Breakdown
Residential
3,302
Single Family
2,304
Multi-Family
998
Businesses
376
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices