7321 S South Shore Dr APT 5AChicagoIL60649
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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 7321 S South Shore Dr APT 5A, Chicago, IL, 60649 earns $185/mo cash flow from $1,433/mo rent with a $881/mo payment. Total monthly income totals $1,433/mo, and annual cash flow totals $2,216/yr on $59,637 capital. ROI tracks 23.63% on current figures, and rental yield reads 9.56% at a $179,900 purchase. Equity gained on principal adds $1,161/yr, and 5% annual appreciation supports $49,703 over five years. Five-year ROI reaches 123.76% and total cumulative return in cash sums $73,809. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,433/mo property income instead of your personal income.
Condo
Built in 1928
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60649, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,407 (100%) |
| Owner Occupied HU | 5,123 (18.7%) |
| Renter Occupied HU | 18,185 (66.4%) |
| Vacant Housing Units | 4,099 (15.0%) |
| Median Home Value | $262,345 |
| Average Home Value | $303,662 |
Housing Distribution
Address Breakdown
Residential
23,819
Single Family
4,497
Multi-Family
19,322
Businesses
773
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