335 W Evergreen AveChicagoIL60610
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 335 W Evergreen Ave, Chicago, IL, 60610 priced at $1,200,000 converts $6,779/mo rent into after a $5,873/mo obligation. Total monthly income equals $6,779/mo. Return on cash invested prints 15.6% in year one, and rental yield reads 6.78% against a $1,200,000 entry. Equity gained on principal adds $7,743/yr, while 5% annual appreciation compiles into $331,538 by year five. Five-year ROI reaches 80.66% and total cumulative return in cash sums $313,595. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,779/mo property income covering a $5,873/mo payment, not borrower’s personal income.
Single Family
Built in 2001
3,532 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60610, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 32,859 (100%) |
| Owner Occupied HU | 9,258 (28.2%) |
| Renter Occupied HU | 19,303 (58.7%) |
| Vacant Housing Units | 4,298 (13.1%) |
| Median Home Value | $546,047 |
| Average Home Value | $676,055 |
Housing Distribution
Address Breakdown
Residential
30,994
Single Family
2,310
Multi-Family
28,684
Businesses
1,175
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices