6505 S Woodlawn 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 6505 S Woodlawn Ave, Chicago, IL, 60637 priced at $599,500 pairs $3,376/mo rent with after a $2,934/mo payment. Total monthly income equals $3,376/mo. Return on cash invested is 15.3% in year one, and rental yield stands at 6.76% on a $599,500 basis. Equity gained on principal adds $3,868/yr, and 5% annual appreciation accumulates to $165,631 by year five. Five-year ROI measures 79.11% and total cumulative return in cash reaches $156,035. For financing, Ziffy Mortgage’s DSCR program evaluates $3,376/mo property income against a $2,934/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1893
2,750 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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