1701 W Webster Ave #611ChicagoIL60614
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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 1701 W Webster Ave #611, Chicago, IL, 60614 earns $102/mo cash flow from $5,126/mo rent with a $3,367/mo payment. Total monthly income totals $5,126/mo, and annual cash flow totals $1,228/yr on $226,352 capital. ROI tracks 20.6% on current figures, and rental yield reads 8.94% at a $688,000 purchase. Equity gained on principal adds $4,440/yr, and 5% annual appreciation supports $190,082 over five years. Five-year ROI reaches 108% and total cumulative return in cash sums $244,468. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,126/mo property income instead of your personal income.
Condo
Built in 2021
N/A lot
$N/A/sqft
$252 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60614, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 39,652 (100%) |
| Owner Occupied HU | 15,678 (39.5%) |
| Renter Occupied HU | 20,729 (52.3%) |
| Vacant Housing Units | 3,245 ( 8.2%) |
| Median Home Value | $725,252 |
| Average Home Value | $931,602 |
Housing Distribution
Address Breakdown
Residential
39,043
Single Family
10,459
Multi-Family
28,584
Businesses
1,922
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