818 W Lill AveChicagoIL60614
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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 818 W Lill Ave, Chicago, IL, 60614 priced at $1,650,000 converts $12,000/mo rent into $555/mo cash flow after a $8,076/mo obligation. Total monthly income equals $12,000/mo, and annual cash flow totals $6,663/yr on $534,600 invested. Return on cash invested prints 21.62% in year one, and rental yield reads 8.73% against a $1,650,000 entry. Equity gained on principal adds $10,647/yr, while 5% annual appreciation compiles into $455,865 by year five. Five-year ROI reaches 112.91% and total cumulative return in cash sums $603,593. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $12,000/mo property income covering a $8,076/mo payment, not borrower’s personal income.
Single Family
Built in 1892
3,125 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60614, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 39,652 (100%) |
| Owner Occupied HU | 15,678 (39.5%) |
| Renter Occupied HU | 20,729 (52.3%) |
| Vacant Housing Units | 3,245 ( 8.2%) |
| Median Home Value | $725,252 |
| Average Home Value | $931,602 |
Housing Distribution
Address Breakdown
Residential
39,043
Single Family
10,459
Multi-Family
28,584
Businesses
1,922
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