2120 N Lockwood AveChicagoIL60639
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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 2120 N Lockwood Ave, Chicago, IL, 60639 earns $538/mo cash flow from $2,611/mo rent with a $1,463/mo payment. Total monthly income totals $2,611/mo, and annual cash flow totals $6,450/yr on $99,119 capital. ROI tracks 26.42% on current figures, and rental yield reads 10.48% at a $299,000 purchase. Equity gained on principal adds $1,929/yr, and 5% annual appreciation supports $82,608 over five years. Five-year ROI reaches 138.73% and total cumulative return in cash sums $137,506. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,611/mo property income instead of your personal income.
Multi Family
Built in N/A
3,750 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60639, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,466 (100%) |
| Owner Occupied HU | 11,870 (41.7%) |
| Renter Occupied HU | 14,488 (50.9%) |
| Vacant Housing Units | 2,108 ( 7.4%) |
| Median Home Value | $309,882 |
| Average Home Value | $337,314 |
Housing Distribution
Address Breakdown
Residential
20,504
Single Family
14,915
Multi-Family
5,589
Businesses
2,112
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