3243 S 49th Ave APT 103CiceroIL60804
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowTight but positive: 3243 S 49th Ave APT 103, Cicero, IL, 60804 in Cicero at $124,000 earns $1,217/mo in rent and nets $92/mo after the $558/mo payment, a 11.78% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $34,259 over five years. Ziffy Mortgage underwrites this on a 2.18 DSCR without U.S. credit history. With $1,142/yr in principal paydown, total projected return reaches $70,382.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.8% | 8.0% |
| Monthly Cash Flow | $92 | $1,500 |
City averages based on Cicero market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,217 |
| Total Monthly Debt Service | $811 |
| DSCR Ratio | 1.50x |
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.
Condo
Built in N/A
3,125 sqft 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
Condo
Built in N/A
3,125 sqft 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