14240 S Manistee AveChicagoIL60633
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 14240 S Manistee Ave, Chicago, IL, 60633 offers a 8.4% rental yield on a $212,000 purchase with $1,484/mo rent. Total monthly income registers $1,484/mo, and a $1,038/mo payment leaves $13/mo available for distribution. Annual cash flow reaches $158/yr on $70,278 to close, and return on cash invested stands at 20.13% in year one. Equity gained on principal adds $1,368/yr while 5% annual appreciation supports $58,572 over five years. Portfolio math shows five-year ROI at 105.09% and total cumulative return in cash at $73,855. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,484/mo property income against a $1,038/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1971
5,240 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60633, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,328 (100%) |
| Owner Occupied HU | 3,297 (61.9%) |
| Renter Occupied HU | 1,558 (29.2%) |
| Vacant Housing Units | 473 ( 8.9%) |
| Median Home Value | $179,476 |
| Average Home Value | $222,473 |
Housing Distribution
Address Breakdown
Residential
5,013
Single Family
4,538
Multi-Family
475
Businesses
206
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices