4838 S Bishop StChicagoIL60609
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 4838 S Bishop St, Chicago, IL, 60609 earns $199/mo cash flow from $1,680/mo rent with a $1,045/mo payment. Total monthly income totals $1,680/mo, and annual cash flow totals $2,389/yr on $70,775 capital. ROI tracks 23.28% on current figures, and rental yield reads 9.44% at a $213,500 purchase. Equity gained on principal adds $1,378/yr, and 5% annual appreciation supports $58,986 over five years. Five-year ROI reaches 122.01% and total cumulative return in cash sums $86,350. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,680/mo property income instead of your personal income.
Multi Family
Built in 1883
3,125 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60609, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,870 (100%) |
| Owner Occupied HU | 8,623 (34.7%) |
| Renter Occupied HU | 13,097 (52.7%) |
| Vacant Housing Units | 3,150 (12.7%) |
| Median Home Value | $276,214 |
| Average Home Value | $326,996 |
Housing Distribution
Address Breakdown
Residential
17,106
Single Family
13,314
Multi-Family
3,792
Businesses
1,598
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices