3641 W 57th StChicagoIL60629
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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 3641 W 57th St, Chicago, IL, 60629 listed at $420,000 pairs $2,802/mo rent with a $2,056/mo payment. Total monthly income runs $2,802/mo. Return on cash invested measures 18.95% in year one, and rental yield registers 8.01% at a $420,000 basis. Equity gained on principal adds $2,710/yr, and annual property appreciation at 5% supports $116,038 by year five. Five-year ROI tracks 98.68% and total cumulative return in cash totals $137,395. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,802/mo property income relative to a $2,056/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1915
3,125 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60629, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 35,508 (100%) |
| Owner Occupied HU | 19,242 (54.2%) |
| Renter Occupied HU | 13,415 (37.8%) |
| Vacant Housing Units | 2,851 ( 8.0%) |
| Median Home Value | $246,042 |
| Average Home Value | $258,498 |
Housing Distribution
Address Breakdown
Residential
29,124
Single Family
23,400
Multi-Family
5,724
Businesses
1,240
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