7019 W Irving Park Rd APT 8ChicagoIL60634
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowSolid, durable, and financeable, 7019 W Irving Park Rd APT 8, Chicago, IL, 60634 in Chicago earns a 12.74% gross yield at $143,900. Rent of $1,528/mo nets $264/mo after the $647/mo mortgage. The 2.36 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $39,757 and $1,325/yr in equity accumulation project a total cumulative return of $73,269.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.7% | 6.1% |
| Monthly Cash Flow | $264 | $850 |
City averages based on Chicago market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,528 |
| Total Monthly Debt Service | $1,206 |
| DSCR Ratio | 1.27x |
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 N/A
N/A lot
$N/A/sqft
$265 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60634, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,801 (100%) |
| Owner Occupied HU | 18,998 (68.3%) |
| Renter Occupied HU | 7,274 (26.2%) |
| Vacant Housing Units | 1,529 ( 5.5%) |
| Median Home Value | $343,536 |
| Average Home Value | $362,108 |
Housing Distribution
Address Breakdown
Residential
25,204
Single Family
19,890
Multi-Family
5,314
Businesses
1,372
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 N/A
N/A lot
$N/A/sqft
$265 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60634, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,801 (100%) |
| Owner Occupied HU | 18,998 (68.3%) |
| Renter Occupied HU | 7,274 (26.2%) |
| Vacant Housing Units | 1,529 ( 5.5%) |
| Median Home Value | $343,536 |
| Average Home Value | $362,108 |
Housing Distribution
Address Breakdown
Residential
25,204
Single Family
19,890
Multi-Family
5,314
Businesses
1,372
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices