2520 S Oakley Ave UNIT 201ChicagoIL60608
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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 2520 S Oakley Ave UNIT 201, Chicago, IL, 60608 listed at $283,000 pairs $2,626/mo rent with a $1,385/mo payment to leave $663/mo cash flow. Total monthly income runs $2,626/mo, and annual cash flow reaches $7,958/yr on $93,815 cash to close. Return on cash invested measures 28.39% in year one, and rental yield registers 11.13% at a $283,000 basis. Equity gained on principal adds $1,826/yr, and annual property appreciation at 5% supports $78,188 by year five. Five-year ROI tracks 149.34% and total cumulative return in cash totals $140,103. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,626/mo property income relative to a $1,385/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2008
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60608, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 31,532 (100%) |
| Owner Occupied HU | 9,621 (30.5%) |
| Renter Occupied HU | 18,309 (58.1%) |
| Vacant Housing Units | 3,602 (11.4%) |
| Median Home Value | $368,609 |
| Average Home Value | $410,295 |
Housing Distribution
Address Breakdown
Residential
23,218
Single Family
13,908
Multi-Family
9,310
Businesses
2,214
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