3507 N Whipple StChicagoIL60618
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayMarkets with strong demand fundamentals often produce low-yield, high-appreciation assets. 3507 N Whipple St, Chicago, IL, 60618 in Chicago fits: $1,399,000, 4.08% gross yield, and a projected 5% annual appreciation rate adding $386,518 in value within five years. Rental yield 4.08%. The narrow rent-to-debt spread is the trade-off for market growth. Ziffy Mortgage's DSCR loan (0.76) finances non-U.S. buyers without personal income documentation; optimise coverage with a 30–35% down payment. $12,885/yr in principal paydown and $386,518 in appreciation project a total return of $216,683.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.1% | 6.1% |
| Monthly Cash Flow | $(4,947) | $850 |
City averages based on Chicago market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,757 |
| Total Monthly Debt Service | $9,147 |
| DSCR Ratio | 0.52x |
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 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60618, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 40,449 (100%) |
| Owner Occupied HU | 17,253 (42.7%) |
| Renter Occupied HU | 19,862 (49.1%) |
| Vacant Housing Units | 3,334 ( 8.2%) |
| Median Home Value | $543,001 |
| Average Home Value | $610,118 |
Housing Distribution
Address Breakdown
Residential
33,669
Single Family
18,656
Multi-Family
15,013
Businesses
2,411
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 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60618, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 40,449 (100%) |
| Owner Occupied HU | 17,253 (42.7%) |
| Renter Occupied HU | 19,862 (49.1%) |
| Vacant Housing Units | 3,334 ( 8.2%) |
| Median Home Value | $543,001 |
| Average Home Value | $610,118 |
Housing Distribution
Address Breakdown
Residential
33,669
Single Family
18,656
Multi-Family
15,013
Businesses
2,411
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices