4624 N Commons Dr UNIT 306EChicagoIL60656
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeA DSCR of 1.71 makes 4624 N Commons Dr UNIT 306E, Chicago, IL, 60656 in Chicago one of the easier properties to finance via Ziffy Mortgage's rental-income underwriting. Rental yield 9.25%. The 9.25% yield, 5% annual appreciation ($32,021 over five years), and $1,067/yr in principal reduction project a total cumulative return of $39,307.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.3% | 6.1% |
| Monthly Cash Flow | $(91) | $850 |
City averages based on Chicago market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $893 |
| Total Monthly Debt Service | $938 |
| DSCR Ratio | 0.95x |
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 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1975
N/A lot
$N/A/sqft
$180 monthly 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 1975
N/A lot
$N/A/sqft
$180 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Pietro Losacco • New Concept Realty
Mls Name: MRED as distributed by MLS GRID
Mls Provider:
Mls ID: #12446451
Disclaimer: Based on information submitted to the MLS GRID as of 2025. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#17)