2347 S 17th AveBroadviewIL60155
INVESTMENT ANALYSIS
Investment Verdict
Solid Income2347 S 17th Ave, Broadview, IL, 60155 in Broadview earns a respectable 8.57% gross yield at $259,900, but after the $1,169/mo mortgage the net cash flow is $53/mo, a tight but positive spread. Expense discipline (vacancy, management, maintenance) will determine whether the margin widens. Ziffy Mortgage's DSCR mortgage (1.59) still qualifies on property income; a larger down payment can improve the cash-flow buffer. Long-term, 5% appreciation projects $71,806 over five years, making equity the dominant return driver. Total projected return: $102,840.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.6% | 7.0% |
| Monthly Cash Flow | $53 | $1,500 |
City averages based on Broadview market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,856 |
| Total Monthly Debt Service | $1,699 |
| DSCR Ratio | 1.09x |
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 1987
6,210 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
Single Family
Built in 1987
6,210 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