6542 S Carpenter StChicagoIL60621
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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 6542 S Carpenter St, Chicago, IL, 60621 listed at $119,900 pairs $938/mo rent with a $587/mo payment to leave $106/mo cash flow. Total monthly income runs $938/mo, and annual cash flow reaches $1,274/yr on $39,747 cash to close. Return on cash invested measures 23.12% in year one, and rental yield registers 9.39% at a $119,900 basis. Equity gained on principal adds $774/yr, and annual property appreciation at 5% supports $33,126 by year five. Five-year ROI tracks 121.13% and total cumulative return in cash totals $48,144. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $938/mo property income relative to a $587/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1977
3,100 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60621, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,426 (100%) |
| Owner Occupied HU | 2,876 (18.6%) |
| Renter Occupied HU | 8,878 (57.6%) |
| Vacant Housing Units | 3,672 (23.8%) |
| Median Home Value | $164,941 |
| Average Home Value | $214,146 |
Housing Distribution
Address Breakdown
Residential
10,934
Single Family
6,169
Multi-Family
4,765
Businesses
537
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