6025 N Hiawatha AveChicagoIL60646
Nearby investment properties with comparable rents
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
Investment property for sale in Chicago at 6025 N Hiawatha Ave, Chicago, IL, 60646 listed at $879,900 pairs $3,600/mo rent with a $4,307/mo payment. Total monthly income runs $3,600/mo. Return on cash invested measures 9.68% in year one, and rental yield registers 4.91% at a $879,900 basis. Equity gained on principal adds $5,678/yr, and annual property appreciation at 5% supports $243,100 by year five. Five-year ROI tracks 48.96% and total cumulative return in cash totals $141,721. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,600/mo property income relative to a $4,307/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1962
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60646, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,632 (100%) |
| Owner Occupied HU | 7,976 (75.0%) |
| Renter Occupied HU | 2,136 (20.1%) |
| Vacant Housing Units | 520 ( 4.9%) |
| Median Home Value | $487,761 |
| Average Home Value | $550,834 |
Housing Distribution
Address Breakdown
Residential
10,684
Single Family
9,046
Multi-Family
1,638
Businesses
958
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices