8169 S Tripp AveChicagoIL60652
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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 8169 S Tripp Ave, Chicago, IL, 60652 listed at $389,900 pairs $3,119/mo rent with a $1,908/mo payment to leave $415/mo cash flow. Total monthly income runs $3,119/mo, and annual cash flow reaches $4,979/yr on $129,252 cash to close. Return on cash invested measures 23.76% in year one, and rental yield registers 9.6% at a $389,900 basis. Equity gained on principal adds $2,516/yr, and annual property appreciation at 5% supports $107,722 by year five. Five-year ROI tracks 124.46% and total cumulative return in cash totals $160,873. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,119/mo property income relative to a $1,908/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1958
5,625 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60652, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,445 (100%) |
| Owner Occupied HU | 10,746 (79.9%) |
| Renter Occupied HU | 2,073 (15.4%) |
| Vacant Housing Units | 626 ( 4.7%) |
| Median Home Value | $253,889 |
| Average Home Value | $270,365 |
Housing Distribution
Address Breakdown
Residential
12,991
Single Family
11,775
Multi-Family
1,216
Businesses
602
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