2916 Jackson AveSouth Chicago HeightsIL60411
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowReliable, bankable, and well-priced, 2916 Jackson Ave, South Chicago Heights, IL, 60411 in South Chicago Heights delivers $1,470/mo in gross rent and $292/mo in net monthly income at a $169,900 entry. The 10.38% yield and 1.92 DSCR make it a clean candidate for Ziffy Mortgage's DSCR loan; no W-2s or U.S. credit history required. With 5% annual appreciation projecting $46,940 over five years and $1,565/yr in equity from loan paydown, total projected return is $83,787.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.4% | 6.3% |
| Monthly Cash Flow | $292 | $350 |
City averages based on South Chicago Heights market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,470 |
| Total Monthly Debt Service | $1,111 |
| DSCR Ratio | 1.32x |
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
6,250 sqft lot
$N/A/sqft
No HOA
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
6,250 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Marisol Rosas-Reyes • Crosstown Realtors, Inc.
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12135173