4442 N Melvina AveChicagoIL60630
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Total monthly income runs $3,668/mo, and a $3,181/mo payment. Purchase price stands at $650,000, and rental yield measures 6.77% with $3,668/mo rent. Return on cash invested shows 15.35% in year one, and 5% annual appreciation builds toward $179,583 over five years. Five-year ROI reaches 79.32% and total cumulative return in cash records $169,622. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,668/mo property income covering a $3,181/mo payment rather than investor’s personal income.
Single Family
Built in N/A
4,660 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60630, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,617 (100%) |
| Owner Occupied HU | 13,462 (59.5%) |
| Renter Occupied HU | 7,730 (34.2%) |
| Vacant Housing Units | 1,425 ( 6.3%) |
| Median Home Value | $380,127 |
| Average Home Value | $414,962 |
Housing Distribution
Address Breakdown
Residential
19,779
Single Family
14,584
Multi-Family
5,195
Businesses
1,290
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices