7641 W Hortense AveChicagoIL60631
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingReliable and efficiently structured, 7641 W Hortense Ave, Chicago, IL, 60631 in Chicago is a conservative rental investment at $424,500. Rental yield 6.74%. A 1.25 coverage ratio meets Ziffy Mortgage's DSCR standard for foreign-national financing. Five-year equity: 5% appreciation adds $117,282; $3,910/yr in principal paydown supplements. Total projected return: $126,303.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.7% | 6.1% |
| Monthly Cash Flow | $(560) | $850 |
City averages based on Chicago market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,384 |
| Total Monthly Debt Service | $2,776 |
| DSCR Ratio | 0.86x |
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.
Single Family
Built in 1952
3,750 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60631, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,406 (100%) |
| Owner Occupied HU | 9,076 (73.2%) |
| Renter Occupied HU | 2,644 (21.3%) |
| Vacant Housing Units | 686 ( 5.5%) |
| Median Home Value | $436,712 |
| Average Home Value | $473,181 |
Housing Distribution
Address Breakdown
Residential
12,221
Single Family
8,726
Multi-Family
3,495
Businesses
1,037
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
Single Family
Built in 1952
3,750 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60631, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,406 (100%) |
| Owner Occupied HU | 9,076 (73.2%) |
| Renter Occupied HU | 2,644 (21.3%) |
| Vacant Housing Units | 686 ( 5.5%) |
| Median Home Value | $436,712 |
| Average Home Value | $473,181 |
Housing Distribution
Address Breakdown
Residential
12,221
Single Family
8,726
Multi-Family
3,495
Businesses
1,037
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices