1045 W 34th PlChicagoIL60608
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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
Investment Highlights
Investment property for sale in Chicago at 1045 W 34th Pl, Chicago, IL, 60608 earns $1,272/mo cash flow from $7,375/mo rent with a $4,307/mo payment. Total monthly income totals $7,375/mo, and annual cash flow totals $15,258/yr on $289,487 capital. ROI tracks 25.33% on current figures, and rental yield reads 10.06% at a $879,900 purchase. Equity gained on principal adds $5,678/yr, and 5% annual appreciation supports $243,100 over five years. Five-year ROI reaches 132.87% and total cumulative return in cash sums $384,649. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $7,375/mo property income instead of your personal income.
Single Family
Built in 2018
3,134 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60608, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 31,532 (100%) |
| Owner Occupied HU | 9,621 (30.5%) |
| Renter Occupied HU | 18,309 (58.1%) |
| Vacant Housing Units | 3,602 (11.4%) |
| Median Home Value | $368,609 |
| Average Home Value | $410,295 |
Housing Distribution
Address Breakdown
Residential
23,218
Single Family
13,908
Multi-Family
9,310
Businesses
2,214
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