4629 S Indiana Ave APT 2SChicagoIL60653
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 4629 S Indiana Ave APT 2S, Chicago, IL, 60653 in Chicago hard to pass up. The 19.16% gross yield on a $117,000 purchase results in $1,868/mo in rent and $860/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (3.55). Annual cash flow of $10,318, five-year appreciation of $32,325, and $1,078/yr in equity build-up combine for a projected total cumulative return of $100,964.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 19.2% | 6.1% |
| Monthly Cash Flow | $860 | $850 |
City averages based on Chicago market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,868 |
| Total Monthly Debt Service | $962 |
| DSCR Ratio | 1.94x |
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 1891
N/A lot
$N/A/sqft
$197 monthly HOA
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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 1891
N/A lot
$N/A/sqft
$197 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices