1453 W Elmdale Ave APT 1ChicagoIL60660
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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 1453 W Elmdale Ave APT 1, Chicago, IL, 60660 listed at $204,900 pairs $1,448/mo rent with a $1,003/mo payment to leave $27/mo cash flow. Total monthly income runs $1,448/mo, and annual cash flow reaches $320/yr on $67,924 cash to close. Return on cash invested measures 20.38% in year one, and rental yield registers 8.48% at a $204,900 basis. Equity gained on principal adds $1,322/yr, and annual property appreciation at 5% supports $56,610 by year five. Five-year ROI tracks 106.37% and total cumulative return in cash totals $72,250. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,448/mo property income relative to a $1,003/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60660, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,885 (100%) |
| Owner Occupied HU | 7,970 (33.4%) |
| Renter Occupied HU | 13,828 (57.9%) |
| Vacant Housing Units | 2,087 ( 8.7%) |
| Median Home Value | $351,807 |
| Average Home Value | $449,918 |
Housing Distribution
Address Breakdown
Residential
23,009
Single Family
2,575
Multi-Family
20,434
Businesses
813
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