208 W Washington St APT 1006ChicagoIL60606
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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 208 W Washington St APT 1006, Chicago, IL, 60606 listed at $319,950 pairs $3,078/mo rent with a $1,566/mo payment to leave $859/mo cash flow. Total monthly income runs $3,078/mo, and annual cash flow reaches $10,305/yr on $106,063 cash to close. Return on cash invested measures 29.63% in year one, and rental yield registers 11.54% at a $319,950 basis. Equity gained on principal adds $2,065/yr, and annual property appreciation at 5% supports $88,396 by year five. Five-year ROI tracks 155.93% and total cumulative return in cash totals $165,383. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,078/mo property income relative to a $1,566/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1917
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60606, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,467 (100%) |
| Owner Occupied HU | 520 (15.0%) |
| Renter Occupied HU | 2,457 (70.9%) |
| Vacant Housing Units | 490 (14.1%) |
| Median Home Value | $476,000 |
| Average Home Value | $643,087 |
Housing Distribution
Address Breakdown
Residential
2,742
Single Family
4
Multi-Family
2,738
Businesses
2,155
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