2316 S 10th AveBroadviewIL60155
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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
Investment Highlights
Investment property for sale in Broadview at 2316 S 10th Ave, Broadview, IL, 60155 offers a 8.58% rental yield on a $349,900 purchase with $2,502/mo rent. Total monthly income registers $2,502/mo, and a $1,713/mo payment leaves $75/mo available for distribution. Annual cash flow reaches $895/yr on $115,992 to close, and return on cash invested stands at 20.68% in year one. Equity gained on principal adds $2,258/yr while 5% annual appreciation supports $96,671 over five years. Portfolio math shows five-year ROI at 107.97% and total cumulative return in cash at $125,238. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,502/mo property income against a $1,713/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
6,699 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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