11609 S Princeton 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
Investment property for sale in Chicago at 11609 S Princeton Ave, Chicago, IL, 60628 earns $2,004/mo cash flow from $3,206/mo rent with a $848/mo payment. Total monthly income totals $3,206/mo, and annual cash flow totals $24,053/yr on $57,416 capital. ROI tracks 61.8% on current figures, and rental yield reads 22.21% at a $173,200 purchase. Equity gained on principal adds $1,118/yr, and 5% annual appreciation supports $47,852 over five years. Five-year ROI reaches 328.52% and total cumulative return in cash sums $188,622. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,206/mo property income instead of your personal income.
Single Family
Built in 1885
3,907 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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