14238 S Manistee AveBurnhamIL60633
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 14238 S Manistee Ave, Burnham, IL, 60633 in Burnham hard to pass up. The 16.16% gross yield on a $195,300 purchase results in $2,630/mo in rent and $927/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (3.00). Annual cash flow of $11,126, five-year appreciation of $53,958, and $1,799/yr in equity build-up combine for a projected total cumulative return of $135,867.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 16.2% | 8.0% |
| Monthly Cash Flow | $927 | $300 |
City averages based on Burnham market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,630 |
| Total Monthly Debt Service | $1,626 |
| DSCR Ratio | 1.62x |
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 1978
5,240 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
Single Family
Built in 1978
5,240 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