954 N Honore StChicagoIL60622
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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 954 N Honore St, Chicago, IL, 60622 listed at $1,099,000 pairs $5,522/mo rent with a $5,379/mo payment. Total monthly income runs $5,522/mo. Return on cash invested measures 13.29% in year one, and rental yield registers 6.03% at a $1,099,000 basis. Equity gained on principal adds $7,092/yr, and annual property appreciation at 5% supports $303,633 by year five. Five-year ROI tracks 68.26% and total cumulative return in cash totals $243,054. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,522/mo property income relative to a $5,379/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1896
3,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60622, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,030 (100%) |
| Owner Occupied HU | 9,870 (35.2%) |
| Renter Occupied HU | 16,053 (57.3%) |
| Vacant Housing Units | 2,107 ( 7.5%) |
| Median Home Value | $612,259 |
| Average Home Value | $695,744 |
Housing Distribution
Address Breakdown
Residential
24,386
Single Family
11,594
Multi-Family
12,792
Businesses
1,873
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