395 E 167th StHarveyIL60426
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 395 E 167th St, Harvey, IL, 60426 in Harvey hard to pass up. The 20.61% gross yield on a $189,990 purchase results in $3,263/mo in rent and $1,193/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (3.82). Annual cash flow of $14,312, five-year appreciation of $52,491, and $1,750/yr in equity build-up combine for a projected total cumulative return of $152,712.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 20.6% | 7.2% |
| Monthly Cash Flow | $1,193 | $300 |
City averages based on Harvey market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,263 |
| Total Monthly Debt Service | $1,995 |
| DSCR Ratio | 1.64x |
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 2002
3,123 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60426, Harvey, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,227 (100%) |
| Owner Occupied HU | 4,732 (46.3%) |
| Renter Occupied HU | 3,799 (37.1%) |
| Vacant Housing Units | 1,696 (16.6%) |
| Median Home Value | $95,319 |
| Average Home Value | $144,620 |
Housing Distribution
Address Breakdown
Residential
8,363
Single Family
7,626
Multi-Family
737
Businesses
647
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 2002
3,123 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60426, Harvey, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,227 (100%) |
| Owner Occupied HU | 4,732 (46.3%) |
| Renter Occupied HU | 3,799 (37.1%) |
| Vacant Housing Units | 1,696 (16.6%) |
| Median Home Value | $95,319 |
| Average Home Value | $144,620 |
Housing Distribution
Address Breakdown
Residential
8,363
Single Family
7,626
Multi-Family
737
Businesses
647
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices