2309 S 23rd AveBroadviewIL60155
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Broadview rentals match the income profile of 2309 S 23rd Ave, Broadview, IL, 60155. Listed at $315,000, gross rent is $2,874/mo and net cash flow is $689/mo, a 10.95% yield well above national averages. DSCR 1.92 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $87,029 by year five with $2,641/yr in annual principal reduction, projecting $158,907 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11% | 7.0% |
| Monthly Cash Flow | $689 | $1,500 |
City averages based on Broadview 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 | $2,874 |
| Total Monthly Debt Service | $2,136 |
| DSCR Ratio | 1.35x |
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 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1953
1,104 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
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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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
