8213 S Spaulding 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 8213 S Spaulding Ave, Chicago, IL, 60652 earns from $1,728/mo rent with a $1,221/mo payment. Total monthly income totals $1,728/mo. ROI tracks 19.87% on current figures, and rental yield reads 8.31% at a $249,480 purchase. Equity gained on principal adds $1,610/yr, and 5% annual appreciation supports $68,927 over five years. Five-year ROI reaches 103.65% and total cumulative return in cash sums $85,719. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,728/mo property income instead of your personal income.
Single Family
Built in 1947
N/A 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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