1346 N Lawndale AveChicagoIL60651
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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 1346 N Lawndale Ave, Chicago, IL, 60651 listed at $625,000 pairs $2,638/mo rent with a $3,059/mo payment. Total monthly income runs $2,638/mo. Return on cash invested measures 10.16% in year one, and rental yield registers 5.06% at a $625,000 basis. Equity gained on principal adds $4,033/yr, and annual property appreciation at 5% supports $172,676 by year five. Five-year ROI tracks 51.49% and total cumulative return in cash totals $105,877. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,638/mo property income relative to a $3,059/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1902
3,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60651, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,526 (100%) |
| Owner Occupied HU | 9,143 (37.3%) |
| Renter Occupied HU | 12,918 (52.7%) |
| Vacant Housing Units | 2,465 (10.1%) |
| Median Home Value | $284,034 |
| Average Home Value | $328,944 |
Housing Distribution
Address Breakdown
Residential
16,408
Single Family
12,747
Multi-Family
3,661
Businesses
1,048
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