2658 W 83rd StChicagoIL60652
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 2658 W 83rd St, Chicago, IL, 60652 uses $102,732 cash to close to unlock $5,931/yr annual cash flow and $494/mo monthly cash flow. Total monthly income runs $2,644/mo, and a $1,517/mo payment keeps the spread at $494/mo. Purchase price stands at $309,900, and rental yield measures 10.24% with $2,644/mo rent. Return on cash invested shows 25.68% in year one, and 5% annual appreciation builds toward $85,620 over five years. Five-year ROI reaches 134.81% and total cumulative return in cash records $138,492. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,644/mo property income covering a $1,517/mo payment rather than investor’s personal income.
Single Family
Built in 1953
3,300 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60652, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,445 (100%) |
| Owner Occupied HU | 10,746 (79.9%) |
| Renter Occupied HU | 2,073 (15.4%) |
| Vacant Housing Units | 626 ( 4.7%) |
| Median Home Value | $253,889 |
| Average Home Value | $270,365 |
Housing Distribution
Address Breakdown
Residential
12,991
Single Family
11,775
Multi-Family
1,216
Businesses
602
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices