2006 W Farwell AveChicagoIL60645
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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 2006 W Farwell Ave, Chicago, IL, 60645 listed at $369,800 pairs $2,945/mo rent with a $1,810/mo payment to leave $380/mo cash flow. Total monthly income runs $2,945/mo, and annual cash flow reaches $4,560/yr on $122,589 cash to close. Return on cash invested measures 23.63% in year one, and rental yield registers 9.56% at a $369,800 basis. Equity gained on principal adds $2,386/yr, and annual property appreciation at 5% supports $102,169 by year five. Five-year ROI tracks 123.75% and total cumulative return in cash totals $151,706. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,945/mo property income relative to a $1,810/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1960
760 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60645, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,428 (100%) |
| Owner Occupied HU | 8,171 (46.9%) |
| Renter Occupied HU | 8,122 (46.6%) |
| Vacant Housing Units | 1,135 ( 6.5%) |
| Median Home Value | $374,201 |
| Average Home Value | $427,363 |
Housing Distribution
Address Breakdown
Residential
16,940
Single Family
5,441
Multi-Family
11,499
Businesses
499
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