746 N Trumbull AveChicagoIL60624
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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 746 N Trumbull Ave, Chicago, IL, 60624 with 5% annual appreciation on a $347,500 basis while $2,549/mo rent supports operations. Total monthly income totals $2,549/mo and a $1,701/mo payment preserves $139/mo for cash returns. Annual cash flow comes to $1,662/yr on $115,196 deployed, and return on cash invested reaches 21.35% in year one. Equity gained on principal adds $2,242/yr, and five-year appreciation sums $96,008 alongside rental yield of 8.8%. Five-year ROI measures 111.57% and total cumulative return in cash totals $128,529.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,549/mo property income versus a $1,701/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1910
2,100 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60624, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,762 (100%) |
| Owner Occupied HU | 3,649 (21.8%) |
| Renter Occupied HU | 10,950 (65.3%) |
| Vacant Housing Units | 2,163 (12.9%) |
| Median Home Value | $270,333 |
| Average Home Value | $310,515 |
Housing Distribution
Address Breakdown
Residential
11,941
Single Family
6,813
Multi-Family
5,128
Businesses
861
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