938 E Garden StDekalbIL60115
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow938 E Garden St, Dekalb, IL, 60115 in Dekalb is a top-tier cash-flow asset. At $189,900 it produces $1,890/mo in rent and $573/mo in net monthly income, a 11.94% gross rental yield. The DSCR of 2.21 qualifies for Ziffy Mortgage's DSCR loan without W-2s or U.S. credit history. Annual cash flow: $6,874. Five-year appreciation adds $52,466, driving a total cumulative return of $109,518.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.9% | 8.0% |
| Monthly Cash Flow | $573 | $300 |
City averages based on Dekalb market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,890 |
| Total Monthly Debt Service | $1,242 |
| DSCR Ratio | 1.52x |
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 1961
10,297 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60115, Dekalb, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,304 (100%) |
| Owner Occupied HU | 7,574 (41.4%) |
| Renter Occupied HU | 8,918 (48.7%) |
| Vacant Housing Units | 1,812 ( 9.9%) |
| Median Home Value | $225,217 |
| Average Home Value | $244,557 |
Housing Distribution
Address Breakdown
Residential
17,163
Single Family
11,647
Multi-Family
5,516
Businesses
1,118
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 1961
10,297 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60115, Dekalb, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,304 (100%) |
| Owner Occupied HU | 7,574 (41.4%) |
| Renter Occupied HU | 8,918 (48.7%) |
| Vacant Housing Units | 1,812 ( 9.9%) |
| Median Home Value | $225,217 |
| Average Home Value | $244,557 |
Housing Distribution
Address Breakdown
Residential
17,163
Single Family
11,647
Multi-Family
5,516
Businesses
1,118
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices