6253 N Harlem AveChicagoIL60631
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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 6253 N Harlem Ave, Chicago, IL, 60631 listed at $379,900 pairs $2,694/mo rent with a $1,859/mo payment to leave $59/mo cash flow. Total monthly income runs $2,694/mo, and annual cash flow reaches $712/yr on $125,937 cash to close. Return on cash invested measures 20.47% in year one, and rental yield registers 8.51% at a $379,900 basis. Equity gained on principal adds $2,451/yr, and annual property appreciation at 5% supports $104,959 by year five. Five-year ROI tracks 106.87% and total cumulative return in cash totals $134,585. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,694/mo property income relative to a $1,859/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1971
4,241 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60631, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,406 (100%) |
| Owner Occupied HU | 9,076 (73.2%) |
| Renter Occupied HU | 2,644 (21.3%) |
| Vacant Housing Units | 686 ( 5.5%) |
| Median Home Value | $436,712 |
| Average Home Value | $473,181 |
Housing Distribution
Address Breakdown
Residential
12,221
Single Family
8,726
Multi-Family
3,495
Businesses
1,037
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