6939 S Ada StChicagoIL60636
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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 6939 S Ada St, Chicago, IL, 60636 uses $58,013 cash to close to unlock $1,244/yr annual cash flow and $104/mo monthly cash flow. Total monthly income runs $1,318/mo, and a $857/mo payment keeps the spread at $104/mo. Purchase price stands at $175,000, and rental yield measures 9.04% with $1,318/mo rent. Return on cash invested shows 22.05% in year one, and 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 115.33% and total cumulative return in cash records $66,907. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,318/mo property income covering a $857/mo payment rather than investor’s personal income.
Single Family
Built in 1906
3,125 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60636, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,966 (100%) |
| Owner Occupied HU | 5,286 (37.8%) |
| Renter Occupied HU | 5,949 (42.6%) |
| Vacant Housing Units | 2,731 (19.6%) |
| Median Home Value | $159,879 |
| Average Home Value | $197,840 |
Housing Distribution
Address Breakdown
Residential
10,205
Single Family
8,881
Multi-Family
1,324
Businesses
752
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