11551 S Western Ave #C2CChicagoIL60643
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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 11551 S Western Ave #C2C, Chicago, IL, 60643 offers a 9.06% rental yield on a $135,000 purchase with $1,019/mo rent. Total monthly income registers $1,019/mo, and a $661/mo payment leaves $82/mo available for distribution. Annual cash flow reaches $988/yr on $44,753 to close, and return on cash invested stands at 22.12% in year one. Equity gained on principal adds $871/yr while 5% annual appreciation supports $37,298 over five years. Portfolio math shows five-year ROI at 115.76% and total cumulative return in cash at $51,805. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,019/mo property income against a $661/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1967
N/A 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
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