803 S Kolmar 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
Investment property for sale in Chicago at 803 S Kolmar Ave, Chicago, IL, 60624 at $210,000 posts ROI 26.05% with $356/mo cash flow from $1,813/mo rent. Total monthly income equals $1,813/mo, and annual cash flow records $4,275/yr on $69,615 to close. Return on cash invested measures 26.05% and rental yield reads 10.36% at the current $210,000. Equity gained on principal adds $1,355/yr, and 5% annual appreciation supports $58,019 by year five. Five-year ROI prints 136.79% and total cumulative return in cash totals $95,224.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,813/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1911
2,875 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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