130 S Canal St APT 217ChicagoIL60606
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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
Rental property for sale in Chicago at 130 S Canal St APT 217, Chicago, IL, 60606 generates $2,743/mo in rent, after a $1,953/mo payment. Total monthly income is $2,743/mo. Return on cash invested sits at 19.69% in year one, and rental yield is 8.25% on a $399,000 entry. Equity gained on principal adds $2,575/yr, while 5% annual appreciation builds toward $110,236 over five years. Five-year ROI reaches 102.64% and total cumulative return in cash sums $135,758. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,743/mo property income rather than buyer’s personal income.
Condo
Built in 1949
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60606, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,467 (100%) |
| Owner Occupied HU | 520 (15.0%) |
| Renter Occupied HU | 2,457 (70.9%) |
| Vacant Housing Units | 490 (14.1%) |
| Median Home Value | $476,000 |
| Average Home Value | $643,087 |
Housing Distribution
Address Breakdown
Residential
2,742
Single Family
4
Multi-Family
2,738
Businesses
2,155
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