758 S Kedvale 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
Rental property for sale in Chicago at 758 S Kedvale Ave, Chicago, IL, 60624 priced at $129,900 converts $1,352/mo rent into $451/mo cash flow after a $636/mo obligation. Total monthly income equals $1,352/mo, and annual cash flow totals $5,409/yr on $43,062 invested. Return on cash invested prints 32.47% in year one, and rental yield reads 12.49% against a $129,900 entry. Equity gained on principal adds $838/yr, while 5% annual appreciation compiles into $35,889 by year five. Five-year ROI reaches 171.18% and total cumulative return in cash sums $73,711. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,352/mo property income covering a $636/mo payment, not borrower’s personal income.
Multi Family
Built in 1893
3,125 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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