3842 N Paris AveChicagoIL60634
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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 3842 N Paris Ave, Chicago, IL, 60634 offers a 7.56% rental yield on a $579,000 purchase with $3,648/mo rent. 74% in year one. Equity gained on principal adds $3,736/yr while 5% annual appreciation supports $159,967 over five years. Portfolio math shows five-year ROI at 92.17% and total cumulative return in cash at $175,579. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,648/mo property income against a $2,834/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2018
3,720 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60634, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,801 (100%) |
| Owner Occupied HU | 18,998 (68.3%) |
| Renter Occupied HU | 7,274 (26.2%) |
| Vacant Housing Units | 1,529 ( 5.5%) |
| Median Home Value | $343,536 |
| Average Home Value | $362,108 |
Housing Distribution
Address Breakdown
Residential
25,204
Single Family
19,890
Multi-Family
5,314
Businesses
1,372
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