7223 S Union AveChicagoIL60621
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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 7223 S Union Ave, Chicago, IL, 60621 at $314,500 posts ROI 1.71% with from $600/mo rent. Total monthly income equals $600/mo. Return on cash invested measures 1.71% and rental yield reads 2.29% at the current $314,500. Equity gained on principal adds $2,029/yr, and 5% annual appreciation supports $86,891 by year five. Five-year ROI prints 6.23% and total cumulative return in cash totals $6,496. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $600/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1894
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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