1301 N Waller AveChicagoIL60651
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
Investment property for sale in Chicago at 1301 N Waller Ave, Chicago, IL, 60651 uses $132,567 cash to close to unlock $8,058/yr annual cash flow and $672/mo monthly cash flow. Total monthly income runs $3,445/mo, and a $1,957/mo payment keeps the spread at $672/mo. Purchase price stands at $399,900, and rental yield measures 10.34% with $3,445/mo rent. Return on cash invested shows 25.99% in year one, and 5% annual appreciation builds toward $110,485 over five years. Five-year ROI reaches 136.43% and total cumulative return in cash records $180,860. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,445/mo property income covering a $1,957/mo payment rather than investor’s personal income.
Single Family
Built in N/A
4,061 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60651, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,526 (100%) |
| Owner Occupied HU | 9,143 (37.3%) |
| Renter Occupied HU | 12,918 (52.7%) |
| Vacant Housing Units | 2,465 (10.1%) |
| Median Home Value | $284,034 |
| Average Home Value | $328,944 |
Housing Distribution
Address Breakdown
Residential
16,408
Single Family
12,747
Multi-Family
3,661
Businesses
1,048
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices