1005 W 123rd StCalumet ParkIL60827
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis Calumet Park rental at 1005 W 123rd St, Calumet Park, IL, 60827 sits in the solid-income band: 9.95% gross yield, $2,621/mo rent, $429/mo net after the $1,421/mo debt service, DSCR 1.84. Entry price of $315,999 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $87,305 and $2,910/yr in principal reduction bring total cumulative return to $148,478.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10% | 8.0% |
| Monthly Cash Flow | $429 | $300 |
City averages based on Calumet Park market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,621 |
| Total Monthly Debt Service | $2,066 |
| DSCR Ratio | 1.27x |
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 N/A
3,125 sqft lot
$N/A/sqft
No HOA
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 N/A
3,125 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12596506