402 S 12th AveMaywoodIL60153
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play402 S 12th Ave, Maywood, IL, 60153 in Maywood is priced for appreciation, not yield. Rental yield 5.87%. At $449,000 with a 5.87% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $124,050 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (1.03) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $104,237.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.9% | 7.0% |
| Monthly Cash Flow | $(918) | $300 |
City averages based on Maywood market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $2,196 |
| Total Monthly Debt Service | $3,045 |
| DSCR Ratio | 0.72x |
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 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1916
6,250 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60153, Maywood, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,506 (100%) |
| Owner Occupied HU | 4,670 (54.9%) |
| Renter Occupied HU | 2,928 (34.4%) |
| Vacant Housing Units | 908 (10.7%) |
| Median Home Value | $228,059 |
| Average Home Value | $255,019 |
Housing Distribution
Address Breakdown
Residential
7,453
Single Family
5,892
Multi-Family
1,561
Businesses
470
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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
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