7918 S Evans AveChicagoIL60619
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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 7918 S Evans Ave, Chicago, IL, 60619 earns $556/mo cash flow from $2,880/mo rent with a $1,640/mo payment. Total monthly income totals $2,880/mo, and annual cash flow totals $6,672/yr on $111,053 capital. ROI tracks 25.92% on current figures, and rental yield reads 10.32% at a $335,000 purchase. Equity gained on principal adds $2,162/yr, and 5% annual appreciation supports $92,554 over five years. Five-year ROI reaches 136.08% and total cumulative return in cash sums $151,124. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,880/mo property income instead of your personal income.
Multi Family
Built in 1923
3,125 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60619, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 33,039 (100%) |
| Owner Occupied HU | 11,676 (35.3%) |
| Renter Occupied HU | 16,942 (51.3%) |
| Vacant Housing Units | 4,421 (13.4%) |
| Median Home Value | $230,022 |
| Average Home Value | $268,206 |
Housing Distribution
Address Breakdown
Residential
27,388
Single Family
15,468
Multi-Family
11,920
Businesses
1,470
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