13228 S Houston AveChicagoIL60633
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 13228 S Houston Ave, Chicago, IL, 60633 in Chicago. Priced at $179,900, it generates $1,836/mo in gross rent and $588/mo in net monthly cash flow, a 12.25% yield that comfortably supports the 2.27 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $7,058. Five-year appreciation: $49,703. Equity from principal paydown: $1,657/yr. Total projected cumulative return: $106,666.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.3% | 6.1% |
| Monthly Cash Flow | $588 | $850 |
City averages based on Chicago market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,836 |
| Total Monthly Debt Service | $1,176 |
| DSCR Ratio | 1.56x |
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 1888
6,250 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60633, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,328 (100%) |
| Owner Occupied HU | 3,297 (61.9%) |
| Renter Occupied HU | 1,558 (29.2%) |
| Vacant Housing Units | 473 ( 8.9%) |
| Median Home Value | $179,476 |
| Average Home Value | $222,473 |
Housing Distribution
Address Breakdown
Residential
5,013
Single Family
4,538
Multi-Family
475
Businesses
206
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 1888
6,250 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60633, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,328 (100%) |
| Owner Occupied HU | 3,297 (61.9%) |
| Renter Occupied HU | 1,558 (29.2%) |
| Vacant Housing Units | 473 ( 8.9%) |
| Median Home Value | $179,476 |
| Average Home Value | $222,473 |
Housing Distribution
Address Breakdown
Residential
5,013
Single Family
4,538
Multi-Family
475
Businesses
206
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices