11641 S Laflin StChicagoIL60643
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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 11641 S Laflin St, Chicago, IL, 60643 generates $1,365/mo in rent and, after a $832/mo payment, leaves $186/mo in cash flow. Total monthly income is $1,365/mo, and annual cash flow is $2,233/yr on $56,322 invested. Return on cash invested sits at 23.87% in year one, and rental yield is 9.64% on a $169,900 entry. Equity gained on principal adds $1,096/yr, while 5% annual appreciation builds toward $46,940 over five years. Five-year ROI reaches 125.16% and total cumulative return in cash sums $70,490. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,365/mo property income rather than buyer’s personal income.
Single Family
Built in 1962
3,750 sqft 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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