4643 W Monroe StChicagoIL60644
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
Investment property for sale in Chicago at 4643 W Monroe St, Chicago, IL, 60644 uses $82,875 cash to close to unlock $5,167/yr annual cash flow and $431/mo monthly cash flow. Total monthly income runs $2,165/mo, and a $1,224/mo payment keeps the spread at $431/mo. Purchase price stands at $250,000, and rental yield measures 10.39% with $2,165/mo rent. Return on cash invested shows 26.14% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 137.26% and total cumulative return in cash records $113,758. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,165/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Multi Family
Built in 1906
4,125 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60644, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,263 (100%) |
| Owner Occupied HU | 5,038 (24.9%) |
| Renter Occupied HU | 13,183 (65.1%) |
| Vacant Housing Units | 2,042 (10.1%) |
| Median Home Value | $273,262 |
| Average Home Value | $352,624 |
Housing Distribution
Address Breakdown
Residential
15,369
Single Family
6,728
Multi-Family
8,641
Businesses
915
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices