6525 W 64th Pl APT 3EChicagoIL60638
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowSolid, durable, and financeable, 6525 W 64th Pl APT 3E, Chicago, IL, 60638 in Chicago earns a 11.86% gross yield at $188,900. Rent of $1,867/mo nets $357/mo after the $849/mo mortgage. The 2.20 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $52,190 and $1,740/yr in equity accumulation project a total cumulative return of $96,122.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.9% | 6.1% |
| Monthly Cash Flow | $357 | $850 |
City averages based on Chicago market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,867 |
| Total Monthly Debt Service | $1,435 |
| DSCR Ratio | 1.30x |
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 1981
N/A lot
$N/A/sqft
$200 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60638, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,982 (100%) |
| Owner Occupied HU | 15,564 (74.2%) |
| Renter Occupied HU | 4,394 (20.9%) |
| Vacant Housing Units | 1,024 ( 4.9%) |
| Median Home Value | $296,615 |
| Average Home Value | $318,480 |
Housing Distribution
Address Breakdown
Residential
19,955
Single Family
17,141
Multi-Family
2,814
Businesses
1,519
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 1981
N/A lot
$N/A/sqft
$200 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60638, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,982 (100%) |
| Owner Occupied HU | 15,564 (74.2%) |
| Renter Occupied HU | 4,394 (20.9%) |
| Vacant Housing Units | 1,024 ( 4.9%) |
| Median Home Value | $296,615 |
| Average Home Value | $318,480 |
Housing Distribution
Address Breakdown
Residential
19,955
Single Family
17,141
Multi-Family
2,814
Businesses
1,519
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices