8841 S Utica AveEvergreen ParkIL60805
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 8841 S Utica Ave, Evergreen Park, IL, 60805 in Evergreen Park at $349,500 earns $2,502/mo in rent and nets $78/mo after the $1,572/mo payment, a 8.59% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $96,560 over five years. Ziffy Mortgage underwrites this on a 1.59 DSCR without U.S. credit history. With $3,219/yr in principal paydown, total projected return reaches $138,671.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.6% | 6.0% |
| Monthly Cash Flow | $78 | $350 |
City averages based on Evergreen Park market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,502 |
| Total Monthly Debt Service | $2,285 |
| DSCR Ratio | 1.09x |
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 1947
6,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60805, Evergreen Park, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,540 (100%) |
| Owner Occupied HU | 5,994 (79.5%) |
| Renter Occupied HU | 1,170 (15.5%) |
| Vacant Housing Units | 376 ( 5.0%) |
| Median Home Value | $271,014 |
| Average Home Value | $300,057 |
Housing Distribution
Address Breakdown
Residential
7,351
Single Family
6,551
Multi-Family
800
Businesses
525
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 1947
6,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60805, Evergreen Park, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,540 (100%) |
| Owner Occupied HU | 5,994 (79.5%) |
| Renter Occupied HU | 1,170 (15.5%) |
| Vacant Housing Units | 376 ( 5.0%) |
| Median Home Value | $271,014 |
| Average Home Value | $300,057 |
Housing Distribution
Address Breakdown
Residential
7,351
Single Family
6,551
Multi-Family
800
Businesses
525
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Vivienne Rose Taylor • Chicagoland Brokers Inc.
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12528237