5530 S Normandy AveChicagoIL60638
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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 5530 S Normandy Ave, Chicago, IL, 60638 priced at $608,200 pairs $4,502/mo rent with $283/mo cash flow after a $2,977/mo payment. Total monthly income equals $4,502/mo, and annual cash flow comes to $3,399/yr on $200,098 invested. Return on cash invested is 21.76% in year one, and rental yield stands at 8.88% on a $608,200 basis. Equity gained on principal adds $3,925/yr, and 5% annual appreciation accumulates to $168,034 by year five. Five-year ROI measures 113.73% and total cumulative return in cash reaches $227,574. For financing, Ziffy Mortgage’s DSCR program evaluates $4,502/mo property income against a $2,977/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1944
3,781 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60638, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,982 (100%) |
| Owner Occupied HU | 15,564 (74.2%) |
| Renter Occupied HU | 4,394 (20.9%) |
| Vacant Housing Units | 1,024 ( 4.9%) |
| Median Home Value | $296,615 |
| Average Home Value | $318,480 |
Housing Distribution
Address Breakdown
Residential
19,955
Single Family
17,141
Multi-Family
2,814
Businesses
1,519
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