3034 N Nagle AveChicagoIL60634
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderSteady, low-maintenance, and fundable: 3034 N Nagle Ave, Chicago, IL, 60634 in Chicago at $433,000. Rental yield 7.16%. The 7.16% yield and 1.33 DSCR put this right in the range Ziffy Mortgage approves for non-U.S. investors without W-2s or domestic credit. Appreciation at 5%/yr is projected to add $119,630 by year five, and $3,988/yr in principal reduction steadily grows the investor's stake. Total projected cumulative return: $138,598.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.2% | 6.1% |
| Monthly Cash Flow | $(419) | $850 |
City averages based on Chicago market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,584 |
| Total Monthly Debt Service | $2,831 |
| DSCR Ratio | 0.91x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 1941
3,750 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60634, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,801 (100%) |
| Owner Occupied HU | 18,998 (68.3%) |
| Renter Occupied HU | 7,274 (26.2%) |
| Vacant Housing Units | 1,529 ( 5.5%) |
| Median Home Value | $343,536 |
| Average Home Value | $362,108 |
Housing Distribution
Address Breakdown
Residential
25,204
Single Family
19,890
Multi-Family
5,314
Businesses
1,372
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 1941
3,750 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60634, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,801 (100%) |
| Owner Occupied HU | 18,998 (68.3%) |
| Renter Occupied HU | 7,274 (26.2%) |
| Vacant Housing Units | 1,529 ( 5.5%) |
| Median Home Value | $343,536 |
| Average Home Value | $362,108 |
Housing Distribution
Address Breakdown
Residential
25,204
Single Family
19,890
Multi-Family
5,314
Businesses
1,372
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices