12600 S Loomis StCalumet ParkIL60827
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 12600 S Loomis St, Calumet Park, IL, 60827 in Calumet Park hard to pass up. The 18.6% gross yield on a $154,000 purchase results in $2,387/mo in rent and $1,314/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (3.45). Annual cash flow of $15,773, five-year appreciation of $42,547, and $1,418/yr in equity build-up combine for a projected total cumulative return of $143,822.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 18.6% | 8.0% |
| Monthly Cash Flow | $1,314 | $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 | $2,387 |
| Total Monthly Debt Service | $1,007 |
| DSCR Ratio | 2.37x |
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 1957
N/A 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 1957
N/A lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices