1048 N Lawndale AveChicagoIL60651
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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 1048 N Lawndale Ave, Chicago, IL, 60651 listed at $595,000 pairs $3,224/mo rent with a $2,912/mo payment. Total monthly income runs $3,224/mo. Return on cash invested measures 14.53% in year one, and rental yield registers 6.5% at a $595,000 basis. Equity gained on principal adds $3,839/yr, and annual property appreciation at 5% supports $164,388 by year five. Five-year ROI tracks 74.95% and total cumulative return in cash totals $146,726. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,224/mo property income relative to a $2,912/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 2023
4,687 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60651, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,526 (100%) |
| Owner Occupied HU | 9,143 (37.3%) |
| Renter Occupied HU | 12,918 (52.7%) |
| Vacant Housing Units | 2,465 (10.1%) |
| Median Home Value | $284,034 |
| Average Home Value | $328,944 |
Housing Distribution
Address Breakdown
Residential
16,408
Single Family
12,747
Multi-Family
3,661
Businesses
1,048
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