106 N Hamlin Ave #A1ChicagoIL60624
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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 106 N Hamlin Ave #A1, Chicago, IL, 60624 uses $34,808 cash to close to unlock $1,387/yr annual cash flow and $116/mo monthly cash flow. Total monthly income runs $844/mo, and a $514/mo payment keeps the spread at $116/mo. Purchase price stands at $105,000, and rental yield measures 9.65% with $844/mo rent. Return on cash invested shows 23.9% in year one, and 5% annual appreciation builds toward $29,010 over five years. Five-year ROI reaches 125.29% and total cumulative return in cash records $43,610. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $844/mo property income covering a $514/mo payment rather than investor’s personal income.
Condo
Built in N/A
N/A 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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