1337 W Norwood StChicagoIL60660
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1337 W Norwood St, Chicago, IL, 60660 earns from $2,040/mo rent with a $3,646/mo payment. Total monthly income totals $2,040/mo. ROI tracks 4.75% on current figures, and rental yield reads 3.29% at a $744,900 purchase. Equity gained on principal adds $4,807/yr, and 5% annual appreciation supports $205,802 over five years. Five-year ROI reaches 22.51% and total cumulative return in cash sums $55,176. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,040/mo property income instead of your personal income.
Multi Family
Built in 1924
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices