7730 W Clarence AveChicagoIL60631
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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 7730 W Clarence Ave, Chicago, IL, 60631 generates $3,664/mo in rent and, after a $2,000/mo payment, leaves $830/mo in cash flow. Total monthly income is $3,664/mo, and annual cash flow is $9,955/yr on $135,484 invested. Return on cash invested sits at 27.26% in year one, and rental yield is 10.76% on a $408,700 entry. Equity gained on principal adds $2,637/yr, while 5% annual appreciation builds toward $112,916 over five years. Five-year ROI reaches 143.23% and total cumulative return in cash sums $194,051. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,664/mo property income rather than buyer’s personal income.
Single Family
Built in 1953
3,750 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60631, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,406 (100%) |
| Owner Occupied HU | 9,076 (73.2%) |
| Renter Occupied HU | 2,644 (21.3%) |
| Vacant Housing Units | 686 ( 5.5%) |
| Median Home Value | $436,712 |
| Average Home Value | $473,181 |
Housing Distribution
Address Breakdown
Residential
12,221
Single Family
8,726
Multi-Family
3,495
Businesses
1,037
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