6715 S Sangamon 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 6715 S Sangamon St, Chicago, IL, 60621 uses $89,174 cash to close to unlock $7,845/yr annual cash flow and $654/mo monthly cash flow. Total monthly income runs $2,520/mo, and a $1,317/mo payment keeps the spread at $654/mo. Purchase price stands at $269,000, and rental yield measures 11.24% with $2,520/mo rent. Return on cash invested shows 28.71% in year one, and 5% annual appreciation builds toward $74,320 over five years. Five-year ROI reaches 151% and total cumulative return in cash records $134,651. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,520/mo property income covering a $1,317/mo payment rather than investor’s personal income.
Single Family
Built in N/A
3,125 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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