45 E 159th StSouth HollandIL60473
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeHigh DSCR is a competitive advantage at closing. 45 E 159th St, South Holland, IL, 60473 in South Holland achieves 1.50, rent of $1,683/mo covers the $1,124/mo payment 1.5x over at $249,999. Rental yield 8.08%. That makes it both an efficient operational hold and a straightforward underwrite for Ziffy Mortgage's DSCR program. No domestic credit history or income documentation required. Appreciation at 5%/yr adds $69,070 over five years, with $2,303/yr in principal reduction bringing total projected return to $92,353.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.1% | 7.0% |
| Monthly Cash Flow | $(51) | $300 |
City averages based on South Holland market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,683 |
| Total Monthly Debt Service | $1,635 |
| DSCR Ratio | 1.03x |
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 1966
9,800 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60473, South Holland, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,434 (100%) |
| Owner Occupied HU | 6,386 (75.7%) |
| Renter Occupied HU | 1,568 (18.6%) |
| Vacant Housing Units | 480 ( 5.7%) |
| Median Home Value | $213,970 |
| Average Home Value | $230,422 |
Housing Distribution
Address Breakdown
Residential
7,668
Single Family
7,658
Multi-Family
10
Businesses
922
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 1966
9,800 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60473, South Holland, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,434 (100%) |
| Owner Occupied HU | 6,386 (75.7%) |
| Renter Occupied HU | 1,568 (18.6%) |
| Vacant Housing Units | 480 ( 5.7%) |
| Median Home Value | $213,970 |
| Average Home Value | $230,422 |
Housing Distribution
Address Breakdown
Residential
7,668
Single Family
7,658
Multi-Family
10
Businesses
922
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Chantail Palmer • Exit Strategy Realty / EMA Management
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12459928