4178 S Drexel Blvd #2ChicagoIL60653
INVESTMENT ANALYSIS
Investment Verdict
Solid Income4178 S Drexel Blvd #2, Chicago, IL, 60653 in Chicago carries a 1.64 coverage ratio, rent of $2,041/mo is 1.64 times the $1,241/mo payment. Rental yield 8.88%. That margin gives both the investor and Ziffy Mortgage's DSCR underwriting a comfortable buffer at a $275,900 acquisition price. No U.S. credit or income documentation required. Five-year appreciation adds $76,226; total projected cumulative return: $113,686.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.9% | 6.1% |
| Monthly Cash Flow | $(421) | $850 |
City averages based on Chicago market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,041 |
| Total Monthly Debt Service | $1,804 |
| DSCR Ratio | 1.13x |
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.
Condo
Built in 2007
N/A lot
$N/A/sqft
No HOA
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
Condo
Built in 2007
N/A lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices