8751 S Blackstone AveChicagoIL60619
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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 8751 S Blackstone Ave, Chicago, IL, 60619 offers a 10.38% rental yield on a $209,500 purchase with $1,812/mo rent. Total monthly income registers $1,812/mo, and a $1,025/mo payment leaves $359/mo available for distribution. Annual cash flow reaches $4,311/yr on $69,449 to close, and return on cash invested stands at 26.12% in year one. Equity gained on principal adds $1,352/yr while 5% annual appreciation supports $57,881 over five years. Portfolio math shows five-year ROI at 137.15% and total cumulative return in cash at $95,247. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,812/mo property income against a $1,025/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1952
4,125 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60619, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 33,039 (100%) |
| Owner Occupied HU | 11,676 (35.3%) |
| Renter Occupied HU | 16,942 (51.3%) |
| Vacant Housing Units | 4,421 (13.4%) |
| Median Home Value | $230,022 |
| Average Home Value | $268,206 |
Housing Distribution
Address Breakdown
Residential
27,388
Single Family
15,468
Multi-Family
11,920
Businesses
1,470
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