4914 S Washington Park CtChicagoIL60615
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 4914 S Washington Park Ct, Chicago, IL, 60615 priced at $595,000 converts $3,941/mo rent into after a $2,912/mo obligation. Total monthly income equals $3,941/mo. Return on cash invested prints 18.92% in year one, and rental yield reads 7.95% against a $595,000 entry. Equity gained on principal adds $3,839/yr, while 5% annual appreciation compiles into $164,388 by year five. Five-year ROI reaches 98.51% and total cumulative return in cash sums $192,842. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,941/mo property income covering a $2,912/mo payment, not borrower’s personal income.
Single Family
Built in 1913
1,611 sqft lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices