5918 S Albany AveChicagoIL60629
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Nearby investment properties with comparable prices
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 5918 S Albany Ave, Chicago, IL, 60629 priced at $175,000 pairs $1,349/mo rent with $135/mo cash flow after a $857/mo payment. Total monthly income equals $1,349/mo, and annual cash flow comes to $1,616/yr on $58,013 invested. Return on cash invested is 22.7% in year one, and rental yield stands at 9.25% on a $175,000 basis. Equity gained on principal adds $1,129/yr, and 5% annual appreciation accumulates to $48,349 by year five. Five-year ROI measures 118.79% and total cumulative return in cash reaches $68,911. For financing, Ziffy Mortgage’s DSCR program evaluates $1,349/mo property income against a $857/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1923
3,750 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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