5801 N Drake AveChicagoIL60659
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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 5801 N Drake Ave, Chicago, IL, 60659 with 5% annual appreciation on a $911,400 basis while $6,172/mo rent supports operations. 46% in year one. Equity gained on principal adds $5,881/yr, and five-year appreciation sums $251,803 alongside rental yield of 8.13%. Five-year ROI measures 101.4% and total cumulative return in cash totals $304,059. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $6,172/mo property income versus a $4,461/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1942
7,290 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60659, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,807 (100%) |
| Owner Occupied HU | 5,853 (39.5%) |
| Renter Occupied HU | 7,914 (53.4%) |
| Vacant Housing Units | 1,040 ( 7.0%) |
| Median Home Value | $425,080 |
| Average Home Value | $429,254 |
Housing Distribution
Address Breakdown
Residential
13,192
Single Family
4,774
Multi-Family
8,418
Businesses
1,440
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