749 N Waller AveChicagoIL60644
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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
Rental property for sale in Chicago at 749 N Waller Ave, Chicago, IL, 60644 priced at $106,000 converts $1,145/mo rent into $410/mo cash flow after a $519/mo obligation. Total monthly income equals $1,145/mo, and annual cash flow totals $4,915/yr on $35,139 invested. Return on cash invested prints 33.9% in year one, and rental yield reads 12.96% against a $106,000 entry. Equity gained on principal adds $684/yr, while 5% annual appreciation compiles into $29,286 by year five. Five-year ROI reaches 178.89% and total cumulative return in cash sums $62,860. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,145/mo property income covering a $519/mo payment, not borrower’s personal income.
Single Family
Built in 1877
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60644, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,263 (100%) |
| Owner Occupied HU | 5,038 (24.9%) |
| Renter Occupied HU | 13,183 (65.1%) |
| Vacant Housing Units | 2,042 (10.1%) |
| Median Home Value | $273,262 |
| Average Home Value | $352,624 |
Housing Distribution
Address Breakdown
Residential
15,369
Single Family
6,728
Multi-Family
8,641
Businesses
915
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