350 E 115th StChicagoIL60628
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
Investment property for sale in Chicago at 350 E 115th St, Chicago, IL, 60628 earns $92/mo cash flow from $890/mo rent with a $563/mo payment. Total monthly income totals $890/mo, and annual cash flow totals $1,106/yr on $38,123 capital. ROI tracks 22.81% on current figures, and rental yield reads 9.29% at a $115,000 purchase. Equity gained on principal adds $742/yr, and 5% annual appreciation supports $31,772 over five years. Five-year ROI reaches 119.48% and total cumulative return in cash sums $45,549. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $890/mo property income instead of your personal income.
Single Family
Built in 1906
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60628, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,405 (100%) |
| Owner Occupied HU | 13,253 (48.4%) |
| Renter Occupied HU | 10,298 (37.6%) |
| Vacant Housing Units | 3,854 (14.1%) |
| Median Home Value | $168,394 |
| Average Home Value | $212,023 |
Housing Distribution
Address Breakdown
Residential
24,264
Single Family
21,056
Multi-Family
3,208
Businesses
1,231
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices