8143 S Woodlawn 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
Rental property for sale in Chicago at 8143 S Woodlawn Ave, Chicago, IL, 60619 priced at $111,997 pairs $2,532/mo rent with $1,755/mo cash flow after a $548/mo payment. Total monthly income equals $2,532/mo, and annual cash flow comes to $21,064/yr on $37,127 invested. Return on cash invested is 76.64% in year one, and rental yield stands at 27.13% on a $111,997 basis. Equity gained on principal adds $723/yr, and 5% annual appreciation accumulates to $30,943 by year five. Five-year ROI measures 408.16% and total cumulative return in cash reaches $151,539. For financing, Ziffy Mortgage’s DSCR program evaluates $2,532/mo property income against a $548/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1924
3,659 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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Listed by: Mauricio Lopez • eXp Realty, LLC
Mls Name: MRED as distributed by MLS GRID
Mls Provider:
Mls ID: #12133909
Disclaimer: Based on information submitted to the MLS GRID as of 2024-02-07 09:06:36 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/info/mls-disclaimers/#mls_17)