2744 W Catalpa AveChicagoIL60625
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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 2744 W Catalpa Ave, Chicago, IL, 60625 offers a 8% rental yield on a $620,999 purchase with $4,142/mo rent. 09% in year one. Equity gained on principal adds $4,007/yr while 5% annual appreciation supports $171,571 over five years. Portfolio math shows five-year ROI at 99.43% and total cumulative return in cash at $203,141. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,142/mo property income against a $3,039/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
3,750 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60625, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 33,400 (100%) |
| Owner Occupied HU | 11,970 (35.8%) |
| Renter Occupied HU | 18,994 (56.9%) |
| Vacant Housing Units | 2,436 ( 7.3%) |
| Median Home Value | $455,779 |
| Average Home Value | $526,175 |
Housing Distribution
Address Breakdown
Residential
29,798
Single Family
9,396
Multi-Family
20,402
Businesses
1,613
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