10920 S Wabash AveChicagoIL60628
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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
Rental property for sale in Chicago at 10920 S Wabash Ave, Chicago, IL, 60628 generates $837/mo in rent and, after a $538/mo payment, leaves $74/mo in cash flow. Total monthly income is $837/mo, and annual cash flow is $893/yr on $36,465 invested. Return on cash invested sits at 22.36% in year one, and rental yield is 9.13% on a $110,000 entry. Equity gained on principal adds $710/yr, while 5% annual appreciation builds toward $30,391 over five years. Five-year ROI reaches 117.02% and total cumulative return in cash sums $42,672. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $837/mo property income rather than buyer’s personal income.
Single Family
Built in 1880
3,509 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60628, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,405 (100%) |
| Owner Occupied HU | 13,253 (48.4%) |
| Renter Occupied HU | 10,298 (37.6%) |
| Vacant Housing Units | 3,854 (14.1%) |
| Median Home Value | $168,394 |
| Average Home Value | $212,023 |
Housing Distribution
Address Breakdown
Residential
24,264
Single Family
21,056
Multi-Family
3,208
Businesses
1,231
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