659 W Randolph St APT 1217ChicagoIL60661
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeA DSCR of 1.50 makes 659 W Randolph St APT 1217, Chicago, IL, 60661 in Chicago one of the easier properties to finance via Ziffy Mortgage's rental-income underwriting. Rental yield 8.11%. The 8.11% yield, 5% annual appreciation ($74,016 over five years), and $2,467/yr in principal reduction project a total cumulative return of $99,443.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.1% | 6.1% |
| Monthly Cash Flow | $(576) | $850 |
City averages based on Chicago market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,811 |
| Total Monthly Debt Service | $1,752 |
| 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.
Condo
Built in 2009
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60661, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,016 (100%) |
| Owner Occupied HU | 2,442 (24.4%) |
| Renter Occupied HU | 6,535 (65.2%) |
| Vacant Housing Units | 1,039 (10.4%) |
| Median Home Value | $425,872 |
| Average Home Value | $488,274 |
Housing Distribution
Address Breakdown
Residential
9,230
Single Family
9
Multi-Family
9,221
Businesses
758
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 2009
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60661, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,016 (100%) |
| Owner Occupied HU | 2,442 (24.4%) |
| Renter Occupied HU | 6,535 (65.2%) |
| Vacant Housing Units | 1,039 (10.4%) |
| Median Home Value | $425,872 |
| Average Home Value | $488,274 |
Housing Distribution
Address Breakdown
Residential
9,230
Single Family
9
Multi-Family
9,221
Businesses
758
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices