2474 N Orchard StChicagoIL60614
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 2474 N Orchard St, Chicago, IL, 60614 listed at $950,000 pairs $5,961/mo rent with a $4,650/mo payment. Total monthly income runs $5,961/mo. Return on cash invested measures 17.65% in year one, and rental yield registers 7.53% at a $950,000 basis. Equity gained on principal adds $6,130/yr, and annual property appreciation at 5% supports $262,467 by year five. Five-year ROI tracks 91.67% and total cumulative return in cash totals $286,514. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,961/mo property income relative to a $4,650/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1883
3,049 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices