429 DixieBeecherIL60401
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowSolid fundamentals define the investment case at 429 Dixie, Beecher, IL, 60401 in Beecher: $2,162/mo in rent, $470/mo in net income, 10.63% gross yield, 1.97 DSCR, all at $244,000. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $67,413 in appreciation and $2,247/yr in principal paydown projects total cumulative return of $123,551.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.6% | 8.0% |
| Monthly Cash Flow | $470 | $150 |
City averages based on Beecher market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,162 |
| Total Monthly Debt Service | $1,595 |
| DSCR Ratio | 1.36x |
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 1920
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60401, Beecher, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,295 (100%) |
| Owner Occupied HU | 2,731 (82.9%) |
| Renter Occupied HU | 434 (13.2%) |
| Vacant Housing Units | 130 ( 3.9%) |
| Median Home Value | $318,549 |
| Average Home Value | $347,722 |
Housing Distribution
Address Breakdown
Residential
2,586
Single Family
2,586
Multi-Family
0
Businesses
185
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 1920
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60401, Beecher, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,295 (100%) |
| Owner Occupied HU | 2,731 (82.9%) |
| Renter Occupied HU | 434 (13.2%) |
| Vacant Housing Units | 130 ( 3.9%) |
| Median Home Value | $318,549 |
| Average Home Value | $347,722 |
Housing Distribution
Address Breakdown
Residential
2,586
Single Family
2,586
Multi-Family
0
Businesses
185
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices