5021 W Grand AveChicagoIL60639
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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 5021 W Grand Ave, Chicago, IL, 60639 offers a 9.63% rental yield on a $523,495 purchase with $4,200/mo rent. Total monthly income registers $4,200/mo, and a $2,562/mo payment leaves $569/mo available for distribution. Annual cash flow reaches $6,830/yr on $172,230 to close, and return on cash invested stands at 24.03% in year one. Equity gained on principal adds $3,378/yr while 5% annual appreciation supports $144,632 over five years. Portfolio math shows five-year ROI at 125.9% and total cumulative return in cash at $216,832. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,200/mo property income against a $2,562/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60639, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,466 (100%) |
| Owner Occupied HU | 11,870 (41.7%) |
| Renter Occupied HU | 14,488 (50.9%) |
| Vacant Housing Units | 2,108 ( 7.4%) |
| Median Home Value | $309,882 |
| Average Home Value | $337,314 |
Housing Distribution
Address Breakdown
Residential
20,504
Single Family
14,915
Multi-Family
5,589
Businesses
2,112
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