3721 N Wolcott AveChicagoIL60613
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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 3721 N Wolcott Ave, Chicago, IL, 60613 offers a 9.5% rental yield on a $569,000 purchase with $4,505/mo rent. Total monthly income registers $4,505/mo, and a $2,785/mo payment leaves $558/mo available for distribution. Annual cash flow reaches $6,699/yr on $187,201 to close, and return on cash invested stands at 23.64% in year one. Equity gained on principal adds $3,672/yr while 5% annual appreciation supports $157,204 over five years. Portfolio math shows five-year ROI at 123.82% and total cumulative return in cash at $231,791. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,505/mo property income against a $2,785/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1920
3,025 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60613, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 30,966 (100%) |
| Owner Occupied HU | 10,909 (35.2%) |
| Renter Occupied HU | 17,609 (56.9%) |
| Vacant Housing Units | 2,448 ( 7.9%) |
| Median Home Value | $439,006 |
| Average Home Value | $567,627 |
Housing Distribution
Address Breakdown
Residential
30,817
Single Family
3,868
Multi-Family
26,949
Businesses
1,388
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