1745 W Cornelia AveChicagoIL60657
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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
Rental property for sale in Chicago at 1745 W Cornelia Ave, Chicago, IL, 60657 priced at $1,675,000 pairs $4,941/mo rent with after a $8,198/mo payment. Total monthly income equals $4,941/mo. Return on cash invested is 5.61% in year one, and rental yield stands at 3.54% on a $1,675,000 basis. Equity gained on principal adds $10,809/yr, and 5% annual appreciation accumulates to $462,772 by year five. Five-year ROI measures 27.05% and total cumulative return in cash reaches $146,814. For financing, Ziffy Mortgage’s DSCR program evaluates $4,941/mo property income against a $8,198/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2001
3,123 sqft 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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