8327 S Carpenter StChicagoIL60620
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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 8327 S Carpenter St, Chicago, IL, 60620 uses $34,940 cash to close to unlock $21,754/yr annual cash flow and $1,813/mo monthly cash flow. Total monthly income runs $2,544/mo, and a $516/mo payment keeps the spread at $1,813/mo. Purchase price stands at $105,400, and rental yield measures 28.96% with $2,544/mo rent. Return on cash invested shows 82.17% in year one, and 5% annual appreciation builds toward $29,120 over five years. Five-year ROI reaches 437.71% and total cumulative return in cash records $152,935. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,544/mo property income covering a $516/mo payment rather than investor’s personal income.
Single Family
Built in 1918
3,875 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60620, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 30,458 (100%) |
| Owner Occupied HU | 12,415 (40.8%) |
| Renter Occupied HU | 14,209 (46.7%) |
| Vacant Housing Units | 3,834 (12.6%) |
| Median Home Value | $211,549 |
| Average Home Value | $257,963 |
Housing Distribution
Address Breakdown
Residential
25,226
Single Family
16,860
Multi-Family
8,366
Businesses
1,415
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