12538 S Honore StCalumet ParkIL60827
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe income profile at 12538 S Honore St, Calumet Park, IL, 60827 in Calumet Park is straightforward: $130,000 in, $1,368/mo in rent, $466/mo out after debt service. The 12.63% gross yield and 2.34 DSCR make this exactly the kind of asset Ziffy Mortgage finances for non-U.S. residents without income documentation. Appreciation at 5%/yr adds $35,917 by year five. With $1,197/yr in principal equity, the total cumulative return is projected at $79,721.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.6% | 8.0% |
| Monthly Cash Flow | $466 | $300 |
City averages based on Calumet Park market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,368 |
| Total Monthly Debt Service | $850 |
| 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.
Multi Family
Built in 1898
3,049 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
Multi Family
Built in 1898
3,049 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Patrick Komperda • Real Broker, LLC
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12539238