8019 S Marshfield AveChicagoIL60620
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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 8019 S Marshfield Ave, Chicago, IL, 60620 generates $2,212/mo in rent and, after a $1,084/mo payment, leaves $676/mo in cash flow. Total monthly income is $2,212/mo, and annual cash flow is $8,109/yr on $73,427 invested. Return on cash invested sits at 30.95% in year one, and rental yield is 11.98% on a $221,500 entry. Equity gained on principal adds $1,429/yr, while 5% annual appreciation builds toward $61,196 over five years. Five-year ROI reaches 163.04% and total cumulative return in cash sums $119,714. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,212/mo property income rather than buyer’s personal income.
Multi Family
Built in 1922
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60620, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 30,458 (100%) |
| Owner Occupied HU | 12,415 (40.8%) |
| Renter Occupied HU | 14,209 (46.7%) |
| Vacant Housing Units | 3,834 (12.6%) |
| Median Home Value | $211,549 |
| Average Home Value | $257,963 |
Housing Distribution
Address Breakdown
Residential
25,226
Single Family
16,860
Multi-Family
8,366
Businesses
1,415
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