3108 S 53rd AveCiceroIL60804
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingCapital preservation and steady income define 3108 S 53rd Ave, Cicero, IL, 60804 in Cicero. Rental yield 6.53%. The 1.21 coverage passes Ziffy Mortgage's DSCR threshold for non-U.S. residents. Five-year appreciation of $96,699 and $3,224/yr in principal reduction project total return of $100,123.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.5% | 8.0% |
| Monthly Cash Flow | $(524) | $1,500 |
City averages based on Cicero market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,903 |
| Total Monthly Debt Service | $2,288 |
| DSCR Ratio | 0.83x |
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.
Multi Family
Built in 1911
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60804, Cicero, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,725 (100%) |
| Owner Occupied HU | 12,307 (47.8%) |
| Renter Occupied HU | 11,666 (45.3%) |
| Vacant Housing Units | 1,752 ( 6.8%) |
| Median Home Value | $252,901 |
| Average Home Value | $272,666 |
Housing Distribution
Address Breakdown
Residential
18,510
Single Family
15,203
Multi-Family
3,307
Businesses
1,216
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 1911
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60804, Cicero, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,725 (100%) |
| Owner Occupied HU | 12,307 (47.8%) |
| Renter Occupied HU | 11,666 (45.3%) |
| Vacant Housing Units | 1,752 ( 6.8%) |
| Median Home Value | $252,901 |
| Average Home Value | $272,666 |
Housing Distribution
Address Breakdown
Residential
18,510
Single Family
15,203
Multi-Family
3,307
Businesses
1,216
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices