8342 S Green StChicagoIL60620
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis Chicago rental at 8342 S Green St, Chicago, IL, 60620 sits in the solid-income band: 9.5% gross yield, $3,167/mo rent, $393/mo net after the $1,663/mo debt service, DSCR 1.90. Entry price of $369,900 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $102,197 and $3,407/yr in principal reduction bring total cumulative return to $180,182.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.5% | 6.1% |
| Monthly Cash Flow | $393 | $850 |
City averages based on Chicago market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,167 |
| Total Monthly Debt Service | $2,419 |
| DSCR Ratio | 1.31x |
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.
Single Family
Built in N/A
3,750 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60620, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 30,458 (100%) |
| Owner Occupied HU | 12,415 (40.8%) |
| Renter Occupied HU | 14,209 (46.7%) |
| Vacant Housing Units | 3,834 (12.6%) |
| Median Home Value | $211,549 |
| Average Home Value | $257,963 |
Housing Distribution
Address Breakdown
Residential
25,226
Single Family
16,860
Multi-Family
8,366
Businesses
1,415
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 N/A
3,750 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60620, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 30,458 (100%) |
| Owner Occupied HU | 12,415 (40.8%) |
| Renter Occupied HU | 14,209 (46.7%) |
| Vacant Housing Units | 3,834 (12.6%) |
| Median Home Value | $211,549 |
| Average Home Value | $257,963 |
Housing Distribution
Address Breakdown
Residential
25,226
Single Family
16,860
Multi-Family
8,366
Businesses
1,415
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices