200 W Grand Ave APT 2303ChicagoIL60654
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 200 W Grand Ave APT 2303, Chicago, IL, 60654 earns $1,138/mo cash flow from $4,121/mo rent with a $2,105/mo payment. Total monthly income totals $4,121/mo, and annual cash flow totals $13,657/yr on $142,545 capital. ROI tracks 29.49% on current figures, and rental yield reads 11.5% at a $430,000 purchase. Equity gained on principal adds $2,775/yr, and 5% annual appreciation supports $118,801 over five years. Five-year ROI reaches 155.23% and total cumulative return in cash sums $221,271. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,121/mo property income instead of your personal income.
Condo
Built in 2004
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60654, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,160 (100%) |
| Owner Occupied HU | 5,065 (29.5%) |
| Renter Occupied HU | 10,049 (58.6%) |
| Vacant Housing Units | 2,046 (11.9%) |
| Median Home Value | $491,734 |
| Average Home Value | $606,674 |
Housing Distribution
Address Breakdown
Residential
17,745
Single Family
951
Multi-Family
16,794
Businesses
1,931
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices