1448 S Prairie AveChicagoIL60605
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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 1448 S Prairie Ave, Chicago, IL, 60605 at $1,180,000 posts ROI 6.12% with from $4,120/mo rent. Total monthly income equals $4,120/mo. Return on cash invested measures 6.12% and rental yield reads 4.19% at the current $1,180,000. Equity gained on principal adds $7,614/yr, and 5% annual appreciation supports $326,012 by year five. Five-year ROI prints 30.34% and total cumulative return in cash totals $115,988. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,120/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 1994
N/A lot
$N/A/sqft
$475 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60605, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,547 (100%) |
| Owner Occupied HU | 7,539 (32.0%) |
| Renter Occupied HU | 12,603 (53.5%) |
| Vacant Housing Units | 3,405 (14.5%) |
| Median Home Value | $472,201 |
| Average Home Value | $575,433 |
Housing Distribution
Address Breakdown
Residential
20,878
Single Family
1,088
Multi-Family
19,790
Businesses
960
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Listed by: Zoey Zhu • Century 21 Realty Associates
Mls Name: MRED as distributed by MLS GRID
Mls Provider:
Mls ID: #12328536
Disclaimer: Based on information submitted to the MLS GRID as of 2025. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#17)