3123 W Chase AveChicagoIL60645
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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 3123 W Chase Ave, Chicago, IL, 60645 priced at $924,500 pairs $3,976/mo rent with after a $4,525/mo payment. Total monthly income equals $3,976/mo. Return on cash invested is 10.45% in year one, and rental yield stands at 5.16% on a $924,500 basis. Equity gained on principal adds $5,966/yr, and 5% annual appreciation accumulates to $255,422 by year five. Five-year ROI measures 53.06% and total cumulative return in cash reaches $161,388. For financing, Ziffy Mortgage’s DSCR program evaluates $3,976/mo property income against a $4,525/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1949
3,720 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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