7243 S Hermitage 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 7243 S Hermitage Ave, Chicago, IL, 60636 earns from $1,885/mo rent with a $1,346/mo payment. Total monthly income totals $1,885/mo. ROI tracks 19.63% on current figures, and rental yield reads 8.23% at a $274,900 purchase. Equity gained on principal adds $1,774/yr, and 5% annual appreciation supports $75,950 over five years. Five-year ROI reaches 102.32% and total cumulative return in cash sums $93,243. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,885/mo property income instead of your personal income.
Single Family
Built in 1921
3,780 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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