1434 W Pratt Blvd #3EChicagoIL60626
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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 1434 W Pratt Blvd #3E, Chicago, IL, 60626 generates $3,388/mo in rent and, after a $1,762/mo payment, leaves $891/mo in cash flow. Total monthly income is $3,388/mo, and annual cash flow is $10,692/yr on $119,340 invested. Return on cash invested sits at 28.87% in year one, and rental yield is 11.29% on a $360,000 entry. Equity gained on principal adds $2,323/yr, while 5% annual appreciation builds toward $99,461 over five years. Five-year ROI reaches 151.85% and total cumulative return in cash sums $181,221. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,388/mo property income rather than buyer’s personal income.
Condo
Built in 1924
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60626, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,128 (100%) |
| Owner Occupied HU | 6,719 (24.8%) |
| Renter Occupied HU | 18,203 (67.1%) |
| Vacant Housing Units | 2,206 ( 8.1%) |
| Median Home Value | $346,554 |
| Average Home Value | $392,279 |
Housing Distribution
Address Breakdown
Residential
24,710
Single Family
2,336
Multi-Family
22,374
Businesses
779
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