5719 S Spaulding AveChicagoIL60629
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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 5719 S Spaulding Ave, Chicago, IL, 60629 uses $102,765 cash to close to unlock $2,593/yr annual cash flow and $216/mo monthly cash flow. Total monthly income runs $2,366/mo, and a $1,517/mo payment keeps the spread at $216/mo. Purchase price stands at $310,000, and rental yield measures 9.16% with $2,366/mo rent. Return on cash invested shows 22.43% in year one, and 5% annual appreciation builds toward $85,647 over five years. Five-year ROI reaches 117.4% and total cumulative return in cash records $120,643. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,366/mo property income covering a $1,517/mo payment rather than investor’s personal income.
Single Family
Built in 1914
3,780 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60629, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 35,508 (100%) |
| Owner Occupied HU | 19,242 (54.2%) |
| Renter Occupied HU | 13,415 (37.8%) |
| Vacant Housing Units | 2,851 ( 8.0%) |
| Median Home Value | $246,042 |
| Average Home Value | $258,498 |
Housing Distribution
Address Breakdown
Residential
29,124
Single Family
23,400
Multi-Family
5,724
Businesses
1,240
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Listed by: Leslie Cifuentes • Keller Williams ONEChicago
Mls Name: MRED as distributed by MLS GRID
Mls Provider:
Mls ID: #12425012
Disclaimer: Based on information submitted to the MLS GRID as of 2025. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#17)