7137 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 7137 S Carpenter St, Chicago, IL, 60621 earns $352/mo cash flow from $1,146/mo rent with a $560/mo payment. Total monthly income totals $1,146/mo, and annual cash flow totals $4,227/yr on $37,957 capital. ROI tracks 31.04% on current figures, and rental yield reads 12.01% at a $114,500 purchase. Equity gained on principal adds $739/yr, and 5% annual appreciation supports $31,634 over five years. Five-year ROI reaches 163.66% and total cumulative return in cash sums $62,120. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,146/mo property income instead of your personal income.
Multi Family
Built in 1900
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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