12529 S Loomis StCalumet ParkIL60827
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 12529 S Loomis St, Calumet Park, IL, 60827 in Calumet Park speaks for itself: 12.65% gross on a $240,000 price, generating $2,530/mo in rent and $865/mo in net income after the $1,079/mo debt service. DSCR 2.34, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $10,384 stacks alongside $66,308 in projected five-year appreciation and $2,210/yr in principal reduction. Projected total cumulative return: $147,474.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.7% | 8.0% |
| Monthly Cash Flow | $865 | $300 |
City averages based on Calumet Park market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $2,530 |
| Total Monthly Debt Service | $1,569 |
| DSCR Ratio | 1.61x |
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 1952
4,750 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 1952
4,750 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: #12687235