9636 S Bishop StChicagoIL60643
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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 9636 S Bishop St, Chicago, IL, 60643 uses $55,029 cash to close to unlock $1,897/yr annual cash flow and $158/mo monthly cash flow. Total monthly income runs $1,309/mo, and a $812/mo payment keeps the spread at $158/mo. Purchase price stands at $166,000, and rental yield measures 9.46% with $1,309/mo rent. Return on cash invested shows 23.36% in year one, and 5% annual appreciation builds toward $45,863 over five years. Five-year ROI reaches 122.38% and total cumulative return in cash records $67,345. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,309/mo property income covering a $812/mo payment rather than investor’s personal income.
Single Family
Built in 1934
2,425 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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