2155 N Spaulding AveChicagoIL60647
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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
Rental property for sale in Chicago at 2155 N Spaulding Ave, Chicago, IL, 60647 priced at $1,435,000 pairs $2,168/mo rent with after a $7,024/mo payment. Total monthly income equals $2,168/mo. Return on cash invested is 0.27% in year one, and rental yield stands at 1.81% on a $1,435,000 basis. Equity gained on principal adds $9,260/yr, and 5% annual appreciation accumulates to $396,464 by year five. For financing, Ziffy Mortgage’s DSCR program evaluates $2,168/mo property income against a $7,024/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1925
4,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60647, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 40,715 (100%) |
| Owner Occupied HU | 14,112 (34.7%) |
| Renter Occupied HU | 23,027 (56.6%) |
| Vacant Housing Units | 3,576 ( 8.8%) |
| Median Home Value | $545,438 |
| Average Home Value | $636,453 |
Housing Distribution
Address Breakdown
Residential
35,146
Single Family
17,125
Multi-Family
18,021
Businesses
2,271
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Listed by: Danielle Dowell • Berkshire Hathaway HomeServices Chicago
Mls Name: MRED as distributed by MLS GRID
Mls Provider:
Mls ID: #12287512
Disclaimer: Based on information submitted to the MLS GRID as of 2025. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#17)