8630 S Bishop StChicagoIL60620
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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 8630 S Bishop St, Chicago, IL, 60620 at $335,900 posts ROI 28.87% with $831/mo cash flow from $3,161/mo rent. Total monthly income equals $3,161/mo, and annual cash flow records $9,974/yr on $111,351 to close. Return on cash invested measures 28.87% and rental yield reads 11.29% at the current $335,900. Equity gained on principal adds $2,168/yr, and 5% annual appreciation supports $92,803 by year five. Five-year ROI prints 151.89% and total cumulative return in cash totals $169,131.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,161/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1925
4,125 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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