4818 W Jackson BlvdChicagoIL60644
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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
Rental property for sale in Chicago at 4818 W Jackson Blvd, Chicago, IL, 60644 generates $3,800/mo in rent and, after a $1,432/mo payment, leaves $1,771/mo in cash flow. Total monthly income is $3,800/mo, and annual cash flow is $21,250/yr on $96,964 invested. Return on cash invested sits at 41.82% in year one, and rental yield is 15.59% on a $292,500 entry. Equity gained on principal adds $1,887/yr, while 5% annual appreciation builds toward $80,812 over five years. Five-year ROI reaches 221.35% and total cumulative return in cash sums $214,629. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,800/mo property income rather than buyer’s personal income.
Multi Family
Built in 1920
3,125 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
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