5525 W Berenice AveChicagoIL60641
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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 5525 W Berenice Ave, Chicago, IL, 60641 generates $3,264/mo in rent, after a $3,352/mo payment. Total monthly income is $3,264/mo. Return on cash invested sits at 12.14% in year one, and rental yield is 5.72% on a $684,900 entry. Equity gained on principal adds $4,420/yr, while 5% annual appreciation builds toward $189,225 over five years. Five-year ROI reaches 62.16% and total cumulative return in cash sums $140,067. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,264/mo property income rather than buyer’s personal income.
Single Family
Built in 1924
3,782 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60641, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,632 (100%) |
| Owner Occupied HU | 12,306 (44.5%) |
| Renter Occupied HU | 13,179 (47.7%) |
| Vacant Housing Units | 2,147 ( 7.8%) |
| Median Home Value | $381,958 |
| Average Home Value | $426,841 |
Housing Distribution
Address Breakdown
Residential
23,193
Single Family
14,293
Multi-Family
8,900
Businesses
1,540
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