2455 W 47th PlChicagoIL60632
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow2455 W 47th Pl, Chicago, IL, 60632 in Chicago is a top-tier cash-flow asset. At $269,900 it produces $4,382/mo in rent and $2,510/mo in net monthly income, a 19.48% gross rental yield. The DSCR of 3.61 qualifies for Ziffy Mortgage's DSCR loan without W-2s or U.S. credit history. Annual cash flow: $30,124. Five-year appreciation adds $74,568, driving a total cumulative return of $264,692.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 19.5% | 6.1% |
| Monthly Cash Flow | $2,510 | $850 |
City averages based on Chicago market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,382 |
| Total Monthly Debt Service | $1,765 |
| DSCR Ratio | 2.48x |
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 1910
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60632, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,040 (100%) |
| Owner Occupied HU | 13,682 (48.8%) |
| Renter Occupied HU | 12,269 (43.8%) |
| Vacant Housing Units | 2,089 ( 7.5%) |
| Median Home Value | $260,945 |
| Average Home Value | $298,300 |
Housing Distribution
Address Breakdown
Residential
18,494
Single Family
16,437
Multi-Family
2,057
Businesses
1,600
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 1910
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60632, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,040 (100%) |
| Owner Occupied HU | 13,682 (48.8%) |
| Renter Occupied HU | 12,269 (43.8%) |
| Vacant Housing Units | 2,089 ( 7.5%) |
| Median Home Value | $260,945 |
| Average Home Value | $298,300 |
Housing Distribution
Address Breakdown
Residential
18,494
Single Family
16,437
Multi-Family
2,057
Businesses
1,600
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices