440 W 110th PlChicagoIL60628
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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 440 W 110th Pl, Chicago, IL, 60628 uses $78,566 cash to close to unlock $6,925/yr annual cash flow and $577/mo monthly cash flow. Total monthly income runs $2,221/mo, and a $1,160/mo payment keeps the spread at $577/mo. Purchase price stands at $237,000, and rental yield measures 11.25% with $2,221/mo rent. Return on cash invested shows 28.72% in year one, and 5% annual appreciation builds toward $65,479 over five years. Five-year ROI reaches 151.15% and total cumulative return in cash records $118,748. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,221/mo property income covering a $1,160/mo payment rather than investor’s personal income.
Single Family
Built in 1921
4,373 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60628, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,405 (100%) |
| Owner Occupied HU | 13,253 (48.4%) |
| Renter Occupied HU | 10,298 (37.6%) |
| Vacant Housing Units | 3,854 (14.1%) |
| Median Home Value | $168,394 |
| Average Home Value | $212,023 |
Housing Distribution
Address Breakdown
Residential
24,264
Single Family
21,056
Multi-Family
3,208
Businesses
1,231
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