1635 W Estes Ave APT 4WChicagoIL60626
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeWhen a property's DSCR clears 1.5x, lenders and investors both pay attention. 1635 W Estes Ave APT 4W, Chicago, IL, 60626 in Chicago achieves a 1.83 ratio at $412,000: $3,394/mo rent versus $1,853/mo debt service. Rental yield 9.88%. Ziffy Mortgage's no-W2 DSCR loan is purpose-built for assets like this. The 9.88% yield compounds alongside 5% annual appreciation projecting $113,828 in value. Total projected cumulative return: $157,322.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.9% | 6.1% |
| Monthly Cash Flow | $(43) | $850 |
City averages based on Chicago market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,394 |
| Total Monthly Debt Service | $3,273 |
| DSCR Ratio | 1.04x |
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.
Condo
Built in N/A
N/A lot
$N/A/sqft
$579 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60626, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,128 (100%) |
| Owner Occupied HU | 6,719 (24.8%) |
| Renter Occupied HU | 18,203 (67.1%) |
| Vacant Housing Units | 2,206 ( 8.1%) |
| Median Home Value | $346,554 |
| Average Home Value | $392,279 |
Housing Distribution
Address Breakdown
Residential
24,710
Single Family
2,336
Multi-Family
22,374
Businesses
779
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
Condo
Built in N/A
N/A lot
$N/A/sqft
$579 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60626, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,128 (100%) |
| Owner Occupied HU | 6,719 (24.8%) |
| Renter Occupied HU | 18,203 (67.1%) |
| Vacant Housing Units | 2,206 ( 8.1%) |
| Median Home Value | $346,554 |
| Average Home Value | $392,279 |
Housing Distribution
Address Breakdown
Residential
24,710
Single Family
2,336
Multi-Family
22,374
Businesses
779
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Maysa Vaught • @properties Christie's International Real Estate
Mls Name: MRED as distributed by MLS GRID
Mls Provider:
Mls ID: #12443721
Disclaimer: Based on information submitted to the MLS GRID as of 2025. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#17)