1311 W Thorndale AveChicagoIL60660
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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 1311 W Thorndale Ave, Chicago, IL, 60660 listed at $1,125,000 pairs $2,040/mo rent with a $5,506/mo payment. Total monthly income runs $2,040/mo. Return on cash invested measures 1.4% in year one, and rental yield registers 2.18% at a $1,125,000 basis. Equity gained on principal adds $7,259/yr, and annual property appreciation at 5% supports $310,817 by year five. Five-year ROI tracks 4.49% and total cumulative return in cash totals $16,352. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,040/mo property income relative to a $5,506/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1910
3,750 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60660, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,885 (100%) |
| Owner Occupied HU | 7,970 (33.4%) |
| Renter Occupied HU | 13,828 (57.9%) |
| Vacant Housing Units | 2,087 ( 8.7%) |
| Median Home Value | $351,807 |
| Average Home Value | $449,918 |
Housing Distribution
Address Breakdown
Residential
23,009
Single Family
2,575
Multi-Family
20,434
Businesses
813
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