215 E 81st StChicagoIL60619
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 215 E 81st St, Chicago, IL, 60619 generates $4,457/mo in rent and, after a $1,640/mo payment, leaves $1,905/mo in cash flow. Total monthly income is $4,457/mo, and annual cash flow is $22,860/yr on $111,053 invested. Return on cash invested sits at 40.49% in year one, and rental yield is 15.97% on a $335,000 entry. Equity gained on principal adds $2,162/yr, while 5% annual appreciation builds toward $92,554 over five years. Five-year ROI reaches 215.15% and total cumulative return in cash sums $238,928. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,457/mo property income rather than buyer’s personal income.
Townhouse
Built in 1993
2,025 sqft lot
$N/A/sqft
$228 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60619, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 33,039 (100%) |
| Owner Occupied HU | 11,676 (35.3%) |
| Renter Occupied HU | 16,942 (51.3%) |
| Vacant Housing Units | 4,421 (13.4%) |
| Median Home Value | $230,022 |
| Average Home Value | $268,206 |
Housing Distribution
Address Breakdown
Residential
27,388
Single Family
15,468
Multi-Family
11,920
Businesses
1,470
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Nearby investment properties with comparable prices
Listed by: Eve Benton • EXIT Strategy Realty
Mls Name: MRED as distributed by MLS GRID
Mls Provider:
Mls ID: #12154302
Disclaimer: Based on information submitted to the MLS GRID as of 2024-02-07 09:06:36 PST. 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](/info/mls-disclaimers/#mls_17)