4840 S Dorchester Ave #4ChicagoIL60615
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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
Investment property for sale in Chicago at 4840 S Dorchester Ave #4, Chicago, IL, 60615 listed at $812,000 pairs $2,220/mo rent with a $3,974/mo payment. Total monthly income runs $2,220/mo. Return on cash invested measures 3.61% in year one, and rental yield registers 3.28% at a $812,000 basis. Equity gained on principal adds $5,240/yr, and annual property appreciation at 5% supports $224,341 by year five. Five-year ROI tracks 16.82% and total cumulative return in cash totals $44,935. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,220/mo property income relative to a $3,974/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1904
N/A lot
$N/A/sqft
$250 monthly 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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