1424 E Hyde Park Blvd #2ChicagoIL60615
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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 1424 E Hyde Park Blvd #2, Chicago, IL, 60615 listed at $325,000 pairs $2,608/mo rent with a $1,591/mo payment to leave $353/mo cash flow. Total monthly income runs $2,608/mo, and annual cash flow reaches $4,241/yr on $107,738 cash to close. Return on cash invested measures 23.85% in year one, and rental yield registers 9.63% at a $325,000 basis. Equity gained on principal adds $2,097/yr, and annual property appreciation at 5% supports $89,792 by year five. Five-year ROI tracks 124.96% and total cumulative return in cash totals $134,629. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,608/mo property income relative to a $1,591/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1907
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60615, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,501 (100%) |
| Owner Occupied HU | 6,711 (25.3%) |
| Renter Occupied HU | 16,635 (62.8%) |
| Vacant Housing Units | 3,155 (11.9%) |
| Median Home Value | $394,556 |
| Average Home Value | $476,226 |
Housing Distribution
Address Breakdown
Residential
23,769
Single Family
3,485
Multi-Family
20,284
Businesses
850
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