3717 W Dickens AveChicagoIL60647
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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 3717 W Dickens Ave, Chicago, IL, 60647 generates $3,822/mo in rent and, after a $2,501/mo payment, leaves $278/mo in cash flow. Total monthly income is $3,822/mo, and annual cash flow is $3,335/yr on $168,086 invested. Return on cash invested sits at 22.04% in year one, and rental yield is 8.98% on a $510,900 entry. Equity gained on principal adds $3,297/yr, while 5% annual appreciation builds toward $141,152 over five years. Five-year ROI reaches 115.25% and total cumulative return in cash sums $193,714. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,822/mo property income rather than buyer’s personal income.
Multi Family
Built in 1900
3,375 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60647, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 40,715 (100%) |
| Owner Occupied HU | 14,112 (34.7%) |
| Renter Occupied HU | 23,027 (56.6%) |
| Vacant Housing Units | 3,576 ( 8.8%) |
| Median Home Value | $545,438 |
| Average Home Value | $636,453 |
Housing Distribution
Address Breakdown
Residential
35,146
Single Family
17,125
Multi-Family
18,021
Businesses
2,271
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