12233 S Morgan 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
Investment property for sale in Chicago at 12233 S Morgan St, Chicago, IL, 60643 earns from $1,464/mo rent with a $1,072/mo payment. Total monthly income totals $1,464/mo. ROI tracks 19% on current figures, and rental yield reads 8.02% at a $218,999 purchase. Equity gained on principal adds $1,413/yr, and 5% annual appreciation supports $60,505 over five years. Five-year ROI reaches 98.92% and total cumulative return in cash sums $71,817. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,464/mo property income instead of your personal income.
Single Family
Built in 1950
4,981 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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