130 N Garland Ct APT 5101ChicagoIL60602
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 130 N Garland Ct APT 5101, Chicago, IL, 60602 generates $4,302/mo in rent, after a $6,045/mo payment. Total monthly income is $4,302/mo. Return on cash invested sits at 7.58% in year one, and rental yield is 4.18% on a $1,235,000 entry. Equity gained on principal adds $7,969/yr, while 5% annual appreciation builds toward $341,208 over five years. Five-year ROI reaches 37.64% and total cumulative return in cash sums $150,620. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,302/mo property income rather than buyer’s personal income.
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices