9001 S Claremont AveChicagoIL60643
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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
Rental property for sale in Chicago at 9001 S Claremont Ave, Chicago, IL, 60643 generates $5,364/mo in rent, after a $4,283/mo payment. Total monthly income is $5,364/mo. Return on cash invested sits at 17.12% in year one, and rental yield is 7.36% on a $875,000 entry. Equity gained on principal adds $5,646/yr, while 5% annual appreciation builds toward $241,746 over five years. Five-year ROI reaches 88.84% and total cumulative return in cash sums $255,743. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,364/mo property income rather than buyer’s personal income.
Single Family
Built in 1935
4,604 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60643, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,398 (100%) |
| Owner Occupied HU | 13,014 (67.1%) |
| Renter Occupied HU | 4,834 (24.9%) |
| Vacant Housing Units | 1,550 ( 8.0%) |
| Median Home Value | $286,827 |
| Average Home Value | $334,678 |
Housing Distribution
Address Breakdown
Residential
18,424
Single Family
15,938
Multi-Family
2,486
Businesses
1,359
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