12338 S Elizabeth StCalumet ParkIL60827
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow12338 S Elizabeth St, Calumet Park, IL, 60827 in Calumet Park is a solid income-producing rental, 10.92% gross yield, $1,410/mo rent, $336/mo net cash flow on a $154,900 buy. DSCR 2.02 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $42,796 and $1,427/yr in principal reduction project a total cumulative return of $80,805.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.9% | 8.0% |
| Monthly Cash Flow | $336 | $300 |
City averages based on Calumet Park market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,410 |
| Total Monthly Debt Service | $1,013 |
| DSCR Ratio | 1.39x |
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 1951
4,373 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 1951
4,373 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Anthony Disano • Parkvue Realty Corporation
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12563294