2164 N Mobile 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 2164 N Mobile Ave, Chicago, IL, 60639 listed at $199,900 pairs $1,914/mo rent with a $978/mo payment to leave $528/mo cash flow. Total monthly income runs $1,914/mo, and annual cash flow reaches $6,334/yr on $66,267 cash to close. Return on cash invested measures 29.47% in year one, and rental yield registers 11.49% at a $199,900 basis. Equity gained on principal adds $1,290/yr, and annual property appreciation at 5% supports $55,229 by year five. Five-year ROI tracks 155.06% and total cumulative return in cash totals $102,757. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,914/mo property income relative to a $978/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1923
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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