1122 W Catalpa Ave APT 805ChicagoIL60640
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
Investment Highlights
Investment property for sale in Chicago at 1122 W Catalpa Ave APT 805, Chicago, IL, 60640 earns $1,220/mo cash flow from $3,109/mo rent with a $1,333/mo payment. Total monthly income totals $3,109/mo, and annual cash flow totals $14,641/yr on $90,267 capital. ROI tracks 36.13% on current figures, and rental yield reads 13.7% at a $272,300 purchase. Equity gained on principal adds $1,757/yr, and 5% annual appreciation supports $75,231 over five years. Five-year ROI reaches 190.85% and total cumulative return in cash sums $172,275. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,109/mo property income instead of your personal income.
Multi Family
Built in 2008
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60640, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 43,511 (100%) |
| Owner Occupied HU | 11,891 (27.3%) |
| Renter Occupied HU | 27,557 (63.3%) |
| Vacant Housing Units | 4,063 ( 9.3%) |
| Median Home Value | $401,517 |
| Average Home Value | $482,067 |
Housing Distribution
Address Breakdown
Residential
38,789
Single Family
3,659
Multi-Family
35,130
Businesses
1,824
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices