2317 W Belmont Ave UNIT 1ChicagoIL60618
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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 2317 W Belmont Ave UNIT 1, Chicago, IL, 60618 earns from $3,513/mo rent with a $2,765/mo payment. Total monthly income totals $3,513/mo. ROI tracks 17.44% on current figures, and rental yield reads 7.46% at a $565,000 purchase. Equity gained on principal adds $3,646/yr, and 5% annual appreciation supports $156,099 over five years. Five-year ROI reaches 90.57% and total cumulative return in cash sums $168,363. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,513/mo property income instead of your personal income.
Condo
Built in 2000
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60618, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 40,449 (100%) |
| Owner Occupied HU | 17,253 (42.7%) |
| Renter Occupied HU | 19,862 (49.1%) |
| Vacant Housing Units | 3,334 ( 8.2%) |
| Median Home Value | $543,001 |
| Average Home Value | $610,118 |
Housing Distribution
Address Breakdown
Residential
33,669
Single Family
18,656
Multi-Family
15,013
Businesses
2,411
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