1334 W Winnemac AveChicagoIL60640
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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 1334 W Winnemac Ave, Chicago, IL, 60640 offers a 2.41% rental yield on a $1,075,000 purchase with $2,160/mo rent. 54% in year one. Equity gained on principal adds $6,937/yr while 5% annual appreciation supports $297,003 over five years. Portfolio math shows five-year ROI at 5.44% and total cumulative return in cash at $18,954. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,160/mo property income against a $5,262/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1912
5,440 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60640, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 43,511 (100%) |
| Owner Occupied HU | 11,891 (27.3%) |
| Renter Occupied HU | 27,557 (63.3%) |
| Vacant Housing Units | 4,063 ( 9.3%) |
| Median Home Value | $401,517 |
| Average Home Value | $482,067 |
Housing Distribution
Address Breakdown
Residential
38,789
Single Family
3,659
Multi-Family
35,130
Businesses
1,824
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