446 E 48th St #3EChicagoIL60615
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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
Total monthly income runs $3,722/mo, and a $2,922/mo payment. Purchase price stands at $597,000, and rental yield measures 7.48% with $3,722/mo rent. Return on cash invested shows 17.5% in year one, and 5% annual appreciation builds toward $164,940 over five years. Five-year ROI reaches 90.9% and total cumulative return in cash records $178,542. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,722/mo property income covering a $2,922/mo payment rather than investor’s personal income.
Condo
Built in N/A
10,595 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60615, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,501 (100%) |
| Owner Occupied HU | 6,711 (25.3%) |
| Renter Occupied HU | 16,635 (62.8%) |
| Vacant Housing Units | 3,155 (11.9%) |
| Median Home Value | $394,556 |
| Average Home Value | $476,226 |
Housing Distribution
Address Breakdown
Residential
23,769
Single Family
3,485
Multi-Family
20,284
Businesses
850
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