2507 W Howard StChicagoIL60645
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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 2507 W Howard St, Chicago, IL, 60645 earns $146/mo cash flow from $2,504/mo rent with a $1,664/mo payment. Total monthly income totals $2,504/mo, and annual cash flow totals $1,752/yr on $112,677 capital. ROI tracks 21.46% on current figures, and rental yield reads 8.84% at a $339,900 purchase. Equity gained on principal adds $2,193/yr, and 5% annual appreciation supports $93,908 over five years. Five-year ROI reaches 112.2% and total cumulative return in cash sums $126,419. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,504/mo property income instead of your personal income.
Townhouse
Built in 1961
800 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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