13837 Forest AveDoltonIL60419
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 13837 Forest Ave, Dolton, IL, 60419 in Dolton: $3,499/mo in rent, $2,328/mo net, 32.83% gross yield, all on a $127,900 acquisition. The 6.09 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $35,336 in value, and $1,178/yr in principal paydown steadily builds equity. Projected total cumulative return: $216,983.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 32.8% | 8.0% |
| Monthly Cash Flow | $2,328 | $1,500 |
City averages based on Dolton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,499 |
| Total Monthly Debt Service | $836 |
| DSCR Ratio | 4.18x |
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 1922
6,800 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60419, Dolton, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,550 (100%) |
| Owner Occupied HU | 5,085 (59.5%) |
| Renter Occupied HU | 2,439 (28.5%) |
| Vacant Housing Units | 1,026 (12.0%) |
| Median Home Value | $145,040 |
| Average Home Value | $170,910 |
Housing Distribution
Address Breakdown
Residential
7,826
Single Family
6,916
Multi-Family
910
Businesses
392
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 1922
6,800 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60419, Dolton, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,550 (100%) |
| Owner Occupied HU | 5,085 (59.5%) |
| Renter Occupied HU | 2,439 (28.5%) |
| Vacant Housing Units | 1,026 (12.0%) |
| Median Home Value | $145,040 |
| Average Home Value | $170,910 |
Housing Distribution
Address Breakdown
Residential
7,826
Single Family
6,916
Multi-Family
910
Businesses
392
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices