324 W 112th StChicagoIL60628
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow324 W 112th St, Chicago, IL, 60628 in Chicago is a top-tier cash-flow asset. At $225,000 it produces $2,405/mo in rent and $844/mo in net monthly income, a 12.83% gross rental yield. The DSCR of 2.38 qualifies for Ziffy Mortgage's DSCR loan without W-2s or U.S. credit history. Annual cash flow: $10,130. Five-year appreciation adds $62,163, driving a total cumulative return of $140,376.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.8% | 6.1% |
| Monthly Cash Flow | $844 | $850 |
City averages based on Chicago market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,405 |
| Total Monthly Debt Service | $1,471 |
| DSCR Ratio | 1.63x |
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 1915
4,375 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60628, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,405 (100%) |
| Owner Occupied HU | 13,253 (48.4%) |
| Renter Occupied HU | 10,298 (37.6%) |
| Vacant Housing Units | 3,854 (14.1%) |
| Median Home Value | $168,394 |
| Average Home Value | $212,023 |
Housing Distribution
Address Breakdown
Residential
24,264
Single Family
21,056
Multi-Family
3,208
Businesses
1,231
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 1915
4,375 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60628, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,405 (100%) |
| Owner Occupied HU | 13,253 (48.4%) |
| Renter Occupied HU | 10,298 (37.6%) |
| Vacant Housing Units | 3,854 (14.1%) |
| Median Home Value | $168,394 |
| Average Home Value | $212,023 |
Housing Distribution
Address Breakdown
Residential
24,264
Single Family
21,056
Multi-Family
3,208
Businesses
1,231
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices