3748 W 83rd StChicagoIL60652
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow3748 W 83rd St, Chicago, IL, 60652 in Chicago earns its strong cash-flow label: 17.93% yield, $4,408/mo rent, $2,361/mo net income, DSCR 3.32. The $295,000 acquisition cost produces immediate returns that put this property in the top tier for U.S. income assets accessible via Ziffy Mortgage's rental-income underwriting. Long-term, 5% annual appreciation adds $81,503 by year five. Combined with $2,717/yr in principal paydown, total projected return reaches $264,774.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 17.9% | 6.1% |
| Monthly Cash Flow | $2,361 | $850 |
City averages based on Chicago market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,408 |
| Total Monthly Debt Service | $1,929 |
| DSCR Ratio | 2.29x |
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 1959
4,687 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60652, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,445 (100%) |
| Owner Occupied HU | 10,746 (79.9%) |
| Renter Occupied HU | 2,073 (15.4%) |
| Vacant Housing Units | 626 ( 4.7%) |
| Median Home Value | $253,889 |
| Average Home Value | $270,365 |
Housing Distribution
Address Breakdown
Residential
12,991
Single Family
11,775
Multi-Family
1,216
Businesses
602
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 1959
4,687 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60652, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,445 (100%) |
| Owner Occupied HU | 10,746 (79.9%) |
| Renter Occupied HU | 2,073 (15.4%) |
| Vacant Housing Units | 626 ( 4.7%) |
| Median Home Value | $253,889 |
| Average Home Value | $270,365 |
Housing Distribution
Address Breakdown
Residential
12,991
Single Family
11,775
Multi-Family
1,216
Businesses
602
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices