2038 W 70th PlChicagoIL60636
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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 2038 W 70th Pl, Chicago, IL, 60636 generates $842/mo in rent and, after a $538/mo payment, leaves $79/mo in cash flow. Total monthly income is $842/mo, and annual cash flow is $953/yr on $36,465 invested. Return on cash invested sits at 22.52% in year one, and rental yield is 9.19% on a $110,000 entry. Equity gained on principal adds $710/yr, while 5% annual appreciation builds toward $30,391 over five years. Five-year ROI reaches 117.91% and total cumulative return in cash sums $42,996. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $842/mo property income rather than buyer’s personal income.
Single Family
Built in 1895
3,125 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60636, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,966 (100%) |
| Owner Occupied HU | 5,286 (37.8%) |
| Renter Occupied HU | 5,949 (42.6%) |
| Vacant Housing Units | 2,731 (19.6%) |
| Median Home Value | $159,879 |
| Average Home Value | $197,840 |
Housing Distribution
Address Breakdown
Residential
10,205
Single Family
8,881
Multi-Family
1,324
Businesses
752
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