649 Escanaba AveChicagoIL60409
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 649 Escanaba Ave, Chicago, IL, 60409 offers a 19.82% rental yield on a $131,900 purchase with $2,178/mo rent. Total monthly income registers $2,178/mo, and a $646/mo payment leaves $1,263/mo available for distribution. Annual cash flow reaches $15,152/yr on $43,725 to close, and return on cash invested stands at 54.56% in year one. Equity gained on principal adds $851/yr while 5% annual appreciation supports $36,442 over five years. Portfolio math shows five-year ROI at 289.67% and total cumulative return in cash at $126,659. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,178/mo property income against a $646/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1975
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60409, Calumet City, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,591 (100%) |
| Owner Occupied HU | 7,702 (49.4%) |
| Renter Occupied HU | 6,094 (39.1%) |
| Vacant Housing Units | 1,795 (11.5%) |
| Median Home Value | $144,203 |
| Average Home Value | $224,136 |
Housing Distribution
Address Breakdown
Residential
14,273
Single Family
9,904
Multi-Family
4,369
Businesses
874
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices