211 N Harbor Dr #1909ChicagoIL60601
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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 211 N Harbor Dr #1909, Chicago, IL, 60601 uses $320,775 cash to close to unlock $7,768/yr annual cash flow and $647/mo monthly cash flow. Total monthly income runs $7,410/mo, and a $4,772/mo payment keeps the spread at $647/mo. Purchase price stands at $975,000, and rental yield measures 9.12% with $7,410/mo rent. Return on cash invested shows 22.48% in year one, and 5% annual appreciation builds toward $269,375 over five years. Five-year ROI reaches 117.6% and total cumulative return in cash records $377,223. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $7,410/mo property income covering a $4,772/mo payment rather than investor’s personal income.
Condo
Built in 2022
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60601, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,493 (100%) |
| Owner Occupied HU | 3,495 (28.0%) |
| Renter Occupied HU | 7,417 (59.4%) |
| Vacant Housing Units | 1,581 (12.7%) |
| Median Home Value | $592,502 |
| Average Home Value | $711,371 |
Housing Distribution
Address Breakdown
Residential
12,957
Single Family
49
Multi-Family
12,908
Businesses
1,752
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