7854 S South Shore Dr APT 405ChicagoIL60649
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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 7854 S South Shore Dr APT 405, Chicago, IL, 60649 earns $554/mo cash flow from $1,522/mo rent with a $683/mo payment. Total monthly income totals $1,522/mo, and annual cash flow totals $6,650/yr on $46,244 capital. ROI tracks 34.29% on current figures, and rental yield reads 13.09% at a $139,500 purchase. Equity gained on principal adds $900/yr, and 5% annual appreciation supports $38,541 over five years. Five-year ROI reaches 181.02% and total cumulative return in cash sums $83,709. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,522/mo property income instead of your personal income.
Condo
Built in 1974
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60649, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,407 (100%) |
| Owner Occupied HU | 5,123 (18.7%) |
| Renter Occupied HU | 18,185 (66.4%) |
| Vacant Housing Units | 4,099 (15.0%) |
| Median Home Value | $262,345 |
| Average Home Value | $303,662 |
Housing Distribution
Address Breakdown
Residential
23,819
Single Family
4,497
Multi-Family
19,322
Businesses
773
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