4257 N Kolmar AveChicagoIL60641
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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 4257 N Kolmar Ave, Chicago, IL, 60641 priced at $603,300 pairs $4,204/mo rent with after a $2,953/mo payment. Total monthly income equals $4,204/mo. Return on cash invested is 19.09% in year one, and rental yield stands at 8.36% on a $603,300 basis. Equity gained on principal adds $3,893/yr, and 5% annual appreciation accumulates to $166,681 by year five. Five-year ROI measures 99.8% and total cumulative return in cash reaches $198,088. For financing, Ziffy Mortgage’s DSCR program evaluates $4,204/mo property income against a $2,953/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1997
4,133 sqft lot
$N/A/sqft
$180 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60641, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,632 (100%) |
| Owner Occupied HU | 12,306 (44.5%) |
| Renter Occupied HU | 13,179 (47.7%) |
| Vacant Housing Units | 2,147 ( 7.8%) |
| Median Home Value | $381,958 |
| Average Home Value | $426,841 |
Housing Distribution
Address Breakdown
Residential
23,193
Single Family
14,293
Multi-Family
8,900
Businesses
1,540
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