6109 S Greenwood AveChicagoIL60637
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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 6109 S Greenwood Ave, Chicago, IL, 60637 priced at $1,184,650 converts $4,544/mo rent into after a $5,798/mo obligation. Total monthly income equals $4,544/mo. Return on cash invested prints 8.89% in year one, and rental yield reads 4.6% against a $1,184,650 entry. Equity gained on principal adds $7,644/yr, while 5% annual appreciation compiles into $327,297 by year five. Five-year ROI reaches 44.65% and total cumulative return in cash sums $171,376. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,544/mo property income covering a $5,798/mo payment, not borrower’s personal income.
Multi Family
Built in 1890
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60637, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,309 (100%) |
| Owner Occupied HU | 5,112 (19.4%) |
| Renter Occupied HU | 17,180 (65.3%) |
| Vacant Housing Units | 4,017 (15.3%) |
| Median Home Value | $339,737 |
| Average Home Value | $433,374 |
Housing Distribution
Address Breakdown
Residential
22,517
Single Family
6,790
Multi-Family
15,727
Businesses
766
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Listed by: John Konrath • Greater Metropolitan Real Estate Services
Mls Name: MRED as distributed by MLS GRID
Mls Provider:
Mls ID: #12107588
Disclaimer: Based on information submitted to the MLS GRID as of 2024-02-07 09:06:36 PST. 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](/info/mls-disclaimers/#mls_17)