3728 Chicago RdStegerIL60475
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 3728 Chicago Rd, Steger, IL, 60475 in Steger at $136,000 earns $1,044/mo in rent and nets $101/mo after the $612/mo payment, a 9.21% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $37,574 over five years. Ziffy Mortgage underwrites this on a 1.71 DSCR without U.S. credit history. With $1,253/yr in principal paydown, total projected return reaches $58,507.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 6.5% |
| Monthly Cash Flow | $101 | $150 |
City averages based on Steger market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,044 |
| Total Monthly Debt Service | $889 |
| DSCR Ratio | 1.17x |
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.
Single Family
Built in 1900
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60475, Steger, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,541 (100%) |
| Owner Occupied HU | 2,467 (54.3%) |
| Renter Occupied HU | 1,684 (37.1%) |
| Vacant Housing Units | 390 ( 8.6%) |
| Median Home Value | $159,193 |
| Average Home Value | $265,384 |
Housing Distribution
Address Breakdown
Residential
4,166
Single Family
3,479
Multi-Family
687
Businesses
282
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 1900
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60475, Steger, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,541 (100%) |
| Owner Occupied HU | 2,467 (54.3%) |
| Renter Occupied HU | 1,684 (37.1%) |
| Vacant Housing Units | 390 ( 8.6%) |
| Median Home Value | $159,193 |
| Average Home Value | $265,384 |
Housing Distribution
Address Breakdown
Residential
4,166
Single Family
3,479
Multi-Family
687
Businesses
282
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices