10704 S Albany AveChicagoIL60655
INVESTMENT ANALYSIS
Investment Verdict
Solid Income10704 S Albany Ave, Chicago, IL, 60655 in Chicago carries a 1.52 coverage ratio, rent of $1,817/mo is 1.52 times the $1,192/mo payment. Rental yield 8.23%. That margin gives both the investor and Ziffy Mortgage's DSCR underwriting a comfortable buffer at a $265,000 acquisition price. No U.S. credit or income documentation required. Five-year appreciation adds $73,215; total projected cumulative return: $99,967.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.2% | 6.1% |
| Monthly Cash Flow | $(21) | $850 |
City averages based on Chicago market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,817 |
| Total Monthly Debt Service | $1,733 |
| DSCR Ratio | 1.05x |
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 1918
3,198 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60655, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,531 (100%) |
| Owner Occupied HU | 8,757 (83.2%) |
| Renter Occupied HU | 1,155 (11.0%) |
| Vacant Housing Units | 619 ( 5.9%) |
| Median Home Value | $334,131 |
| Average Home Value | $360,975 |
Housing Distribution
Address Breakdown
Residential
10,767
Single Family
9,596
Multi-Family
1,171
Businesses
381
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 1918
3,198 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60655, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,531 (100%) |
| Owner Occupied HU | 8,757 (83.2%) |
| Renter Occupied HU | 1,155 (11.0%) |
| Vacant Housing Units | 619 ( 5.9%) |
| Median Home Value | $334,131 |
| Average Home Value | $360,975 |
Housing Distribution
Address Breakdown
Residential
10,767
Single Family
9,596
Multi-Family
1,171
Businesses
381
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices