6837 S Morgan 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 6837 S Morgan St, Chicago, IL, 60621 earns $633/mo cash flow from $2,774/mo rent with a $1,511/mo payment. Total monthly income totals $2,774/mo, and annual cash flow totals $7,593/yr on $102,334 capital. ROI tracks 27.33% on current figures, and rental yield reads 10.78% at a $308,700 purchase. Equity gained on principal adds $1,992/yr, and 5% annual appreciation supports $85,288 over five years. Five-year ROI reaches 143.62% and total cumulative return in cash sums $146,971. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,774/mo property income instead of your personal income.
Single Family
Built in 1920
4,356 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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