1509 W School St #3ChicagoIL60657
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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
Total monthly income runs $5,668/mo, and a $6,975/mo payment. Purchase price stands at $1,425,000, and rental yield measures 4.77% with $5,668/mo rent. Return on cash invested shows 9.41% in year one, and 5% annual appreciation builds toward $393,701 over five years. Five-year ROI reaches 47.45% and total cumulative return in cash records $219,080. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,668/mo property income covering a $6,975/mo payment rather than investor’s personal income.
Condo
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60657, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 45,834 (100%) |
| Owner Occupied HU | 15,811 (34.5%) |
| Renter Occupied HU | 26,750 (58.4%) |
| Vacant Housing Units | 3,273 ( 7.1%) |
| Median Home Value | $548,884 |
| Average Home Value | $687,417 |
Housing Distribution
Address Breakdown
Residential
41,857
Single Family
7,557
Multi-Family
34,300
Businesses
2,016
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