4623 S Harding AveChicagoIL60632
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
Rental property for sale in Chicago at 4623 S Harding Ave, Chicago, IL, 60632 generates $1,664/mo in rent, after a $2,932/mo payment. Total monthly income is $1,664/mo. Return on cash invested sits at 4.89% in year one, and rental yield is 3.33% on a $599,000 entry. Equity gained on principal adds $3,865/yr, while 5% annual appreciation builds toward $165,493 over five years. Five-year ROI reaches 23.29% and total cumulative return in cash sums $45,898. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,664/mo property income rather than buyer’s personal income.
Multi Family
Built in 1932
3,750 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60632, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,040 (100%) |
| Owner Occupied HU | 13,682 (48.8%) |
| Renter Occupied HU | 12,269 (43.8%) |
| Vacant Housing Units | 2,089 ( 7.5%) |
| Median Home Value | $260,945 |
| Average Home Value | $298,300 |
Housing Distribution
Address Breakdown
Residential
18,494
Single Family
16,437
Multi-Family
2,057
Businesses
1,600
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices