130 N Garland Ct APT 3205ChicagoIL60602
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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 130 N Garland Ct APT 3205, Chicago, IL, 60602 offers a 3.53% rental yield on a $1,650,000 purchase with $4,854/mo rent. 58% in year one. Equity gained on principal adds $10,647/yr while 5% annual appreciation supports $455,865 over five years. Portfolio math shows five-year ROI at 26.89% and total cumulative return in cash at $143,753. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,854/mo property income against a $8,076/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60602, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,587 (100%) |
| Owner Occupied HU | 398 (25.1%) |
| Renter Occupied HU | 786 (49.5%) |
| Vacant Housing Units | 403 (25.4%) |
| Median Home Value | $1,289,855 |
| Average Home Value | $1,320,917 |
Housing Distribution
Address Breakdown
Residential
820
Single Family
1
Multi-Family
819
Businesses
1,880
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