1402 N Karlov AveChicagoIL60651
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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 1402 N Karlov Ave, Chicago, IL, 60651 at $330,000 posts ROI 27.1% with $655/mo cash flow from $2,944/mo rent. Total monthly income equals $2,944/mo, and annual cash flow records $7,863/yr on $109,395 to close. Return on cash invested measures 27.1% and rental yield reads 10.71% at the current $330,000. Equity gained on principal adds $2,129/yr, and 5% annual appreciation supports $91,173 by year five. Five-year ROI prints 142.39% and total cumulative return in cash totals $155,771.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,944/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1897
3,125 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
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