7409 S Maryland AveChicagoIL60619
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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 7409 S Maryland Ave, Chicago, IL, 60619 with 5% annual appreciation on a $211,500 basis while $2,014/mo rent supports operations. Total monthly income totals $2,014/mo and a $1,035/mo payment preserves $547/mo for cash returns. Annual cash flow comes to $6,566/yr on $70,112 deployed, and return on cash invested reaches 29.27% in year one. Equity gained on principal adds $1,365/yr, and five-year appreciation sums $58,434 alongside rental yield of 11.43%. Five-year ROI measures 154.08% and total cumulative return in cash totals $108,030.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,014/mo property income versus a $1,035/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1904
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60619, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 33,039 (100%) |
| Owner Occupied HU | 11,676 (35.3%) |
| Renter Occupied HU | 16,942 (51.3%) |
| Vacant Housing Units | 4,421 (13.4%) |
| Median Home Value | $230,022 |
| Average Home Value | $268,206 |
Housing Distribution
Address Breakdown
Residential
27,388
Single Family
15,468
Multi-Family
11,920
Businesses
1,470
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