1243 W Rosemont Ave APT 3WChicagoIL60660
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1243 W Rosemont Ave APT 3W, Chicago, IL, 60660 generates $3,872/mo in rent and, after a $2,203/mo payment, leaves $750/mo in cash flow. Total monthly income is $3,872/mo, and annual cash flow is $9,003/yr on $149,175 invested. Return on cash invested sits at 25.94% in year one, and rental yield is 10.33% on a $450,000 entry. Equity gained on principal adds $2,904/yr, while 5% annual appreciation builds toward $124,327 over five years. Five-year ROI reaches 136.21% and total cumulative return in cash sums $203,190. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,872/mo property income rather than buyer’s personal income.
Condo
Built in 2003
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60660, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,885 (100%) |
| Owner Occupied HU | 7,970 (33.4%) |
| Renter Occupied HU | 13,828 (57.9%) |
| Vacant Housing Units | 2,087 ( 8.7%) |
| Median Home Value | $351,807 |
| Average Home Value | $449,918 |
Housing Distribution
Address Breakdown
Residential
23,009
Single Family
2,575
Multi-Family
20,434
Businesses
813
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices