8500 Parkside AveBurbankIL60459
INVESTMENT ANALYSIS
Investment Verdict
Solid Income8500 Parkside Ave, Burbank, IL, 60459 in Burbank is a stable, well-positioned rental at $284,900. Rental yield 8.02%. DSCR 1.49 qualifies for Ziffy Mortgage's DSCR mortgage without U.S. income documentation. Over five years, 5% appreciation adds $78,713 in value and $2,624/yr in principal paydown builds equity, a total projected return of $104,366.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8% | 6.0% |
| Monthly Cash Flow | $(72) | $300 |
City averages based on Burbank market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,904 |
| Total Monthly Debt Service | $1,863 |
| DSCR Ratio | 1.02x |
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 1959
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60459, Burbank, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,671 (100%) |
| Owner Occupied HU | 7,436 (76.9%) |
| Renter Occupied HU | 1,864 (19.3%) |
| Vacant Housing Units | 371 ( 3.8%) |
| Median Home Value | $286,176 |
| Average Home Value | $306,851 |
Housing Distribution
Address Breakdown
Residential
9,489
Single Family
8,396
Multi-Family
1,093
Businesses
393
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 1959
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60459, Burbank, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,671 (100%) |
| Owner Occupied HU | 7,436 (76.9%) |
| Renter Occupied HU | 1,864 (19.3%) |
| Vacant Housing Units | 371 ( 3.8%) |
| Median Home Value | $286,176 |
| Average Home Value | $306,851 |
Housing Distribution
Address Breakdown
Residential
9,489
Single Family
8,396
Multi-Family
1,093
Businesses
393
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices