925 S Springfield AveChicagoIL60624
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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 925 S Springfield Ave, Chicago, IL, 60624 earns $585/mo cash flow from $1,729/mo rent with a $807/mo payment. Total monthly income totals $1,729/mo, and annual cash flow totals $7,024/yr on $54,664 capital. ROI tracks 32.76% on current figures, and rental yield reads 12.58% at a $164,900 purchase. Equity gained on principal adds $1,064/yr, and 5% annual appreciation supports $45,559 over five years. Five-year ROI reaches 172.79% and total cumulative return in cash sums $94,456. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,729/mo property income instead of your personal income.
Multi Family
Built in 1900
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60624, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,762 (100%) |
| Owner Occupied HU | 3,649 (21.8%) |
| Renter Occupied HU | 10,950 (65.3%) |
| Vacant Housing Units | 2,163 (12.9%) |
| Median Home Value | $270,333 |
| Average Home Value | $310,515 |
Housing Distribution
Address Breakdown
Residential
11,941
Single Family
6,813
Multi-Family
5,128
Businesses
861
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