9919 S Charles StChicagoIL60643
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeHigh DSCR is a competitive advantage at closing. 9919 S Charles St, Chicago, IL, 60643 in Chicago achieves 1.51, rent of $1,906/mo covers the $1,259/mo payment 1.5x over at $280,000. Rental yield 8.17%. That makes it both an efficient operational hold and a straightforward underwrite for Ziffy Mortgage's DSCR program. No domestic credit history or income documentation required. Appreciation at 5%/yr adds $77,359 over five years, with $2,579/yr in principal reduction bringing total projected return to $104,797.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.2% | 6.1% |
| Monthly Cash Flow | $(36) | $850 |
City averages based on Chicago market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,906 |
| Total Monthly Debt Service | $1,831 |
| DSCR Ratio | 1.04x |
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 1926
4,125 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60643, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,398 (100%) |
| Owner Occupied HU | 13,014 (67.1%) |
| Renter Occupied HU | 4,834 (24.9%) |
| Vacant Housing Units | 1,550 ( 8.0%) |
| Median Home Value | $286,827 |
| Average Home Value | $334,678 |
Housing Distribution
Address Breakdown
Residential
18,424
Single Family
15,938
Multi-Family
2,486
Businesses
1,359
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 1926
4,125 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60643, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,398 (100%) |
| Owner Occupied HU | 13,014 (67.1%) |
| Renter Occupied HU | 4,834 (24.9%) |
| Vacant Housing Units | 1,550 ( 8.0%) |
| Median Home Value | $286,827 |
| Average Home Value | $334,678 |
Housing Distribution
Address Breakdown
Residential
18,424
Single Family
15,938
Multi-Family
2,486
Businesses
1,359
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices