3620 S Lowe AveChicagoIL60609
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 3620 S Lowe Ave, Chicago, IL, 60609 listed at $649,900 pairs $1,680/mo rent with a $3,181/mo payment. Total monthly income runs $1,680/mo. Return on cash invested measures 4.19% in year one, and rental yield registers 3.1% at a $649,900 basis. Equity gained on principal adds $4,194/yr, and annual property appreciation at 5% supports $179,555 by year five. Five-year ROI tracks 19.52% and total cumulative return in cash totals $41,742. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,680/mo property income relative to a $3,181/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1878
3,125 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60609, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,870 (100%) |
| Owner Occupied HU | 8,623 (34.7%) |
| Renter Occupied HU | 13,097 (52.7%) |
| Vacant Housing Units | 3,150 (12.7%) |
| Median Home Value | $276,214 |
| Average Home Value | $326,996 |
Housing Distribution
Address Breakdown
Residential
17,106
Single Family
13,314
Multi-Family
3,792
Businesses
1,598
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices