2324 Fairchild LnWest ChicagoIL60185
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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 West Chicago at 2324 Fairchild Ln, West Chicago, IL, 60185 earns $2,937/mo cash flow from $4,369/mo rent with a $598/mo payment. Total monthly income totals $4,369/mo, and annual cash flow totals $35,247/yr on $40,489 capital. ROI tracks 106.96% on current figures, and rental yield reads 42.92% at a $122,140 purchase. Equity gained on principal adds $788/yr, and 5% annual appreciation supports $33,745 over five years. Five-year ROI reaches 577.03% and total cumulative return in cash sums $233,635. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,369/mo property income instead of your personal income.
Single Family
Built in 2001
0.46 Acres lot
$N/A/sqft
$10 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60185, West Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,468 (100%) |
| Owner Occupied HU | 8,127 (70.9%) |
| Renter Occupied HU | 2,617 (22.8%) |
| Vacant Housing Units | 724 ( 6.3%) |
| Median Home Value | $342,660 |
| Average Home Value | $378,860 |
Housing Distribution
Address Breakdown
Residential
10,918
Single Family
9,068
Multi-Family
1,850
Businesses
1,005
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