8423 S Carpenter StChicagoIL60620
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 8423 S Carpenter St, Chicago, IL, 60620 earns $728/mo cash flow from $3,326/mo rent with a $1,833/mo payment. Total monthly income totals $3,326/mo, and annual cash flow totals $8,741/yr on $124,147 capital. ROI tracks 26.95% on current figures, and rental yield reads 10.66% at a $374,500 purchase. Equity gained on principal adds $2,417/yr, and 5% annual appreciation supports $103,467 over five years. Five-year ROI reaches 141.6% and total cumulative return in cash sums $175,790. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,326/mo property income instead of your personal income.
Single Family
Built in 1898
6,250 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices