7240 S Oakley AveChicagoIL60636
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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 7240 S Oakley Ave, Chicago, IL, 60636 at $318,990 posts ROI 20.02% with $10/mo cash flow from $2,222/mo rent. Total monthly income equals $2,222/mo, and annual cash flow records $117/yr on $105,745 to close. Return on cash invested measures 20.02% and rental yield reads 8.36% at the current $318,990. Equity gained on principal adds $2,058/yr, and 5% annual appreciation supports $88,131 by year five. Five-year ROI prints 104.42% and total cumulative return in cash totals $110,422.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,222/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1926
3,150 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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