2422 N Clybourn AveChicagoIL60614
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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 2422 N Clybourn Ave, Chicago, IL, 60614 priced at $717,000 pairs $4,513/mo rent with after a $3,509/mo payment. Total monthly income equals $4,513/mo. Return on cash invested is 17.72% in year one, and rental yield stands at 7.55% on a $717,000 basis. Equity gained on principal adds $4,627/yr, and 5% annual appreciation accumulates to $198,094 by year five. Five-year ROI measures 92.08% and total cumulative return in cash reaches $217,201. For financing, Ziffy Mortgage’s DSCR program evaluates $4,513/mo property income against a $3,509/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1891
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60614, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 39,652 (100%) |
| Owner Occupied HU | 15,678 (39.5%) |
| Renter Occupied HU | 20,729 (52.3%) |
| Vacant Housing Units | 3,245 ( 8.2%) |
| Median Home Value | $725,252 |
| Average Home Value | $931,602 |
Housing Distribution
Address Breakdown
Residential
39,043
Single Family
10,459
Multi-Family
28,584
Businesses
1,922
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