2712 W Balmoral Ave APT 2EChicagoIL60625
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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 2712 W Balmoral Ave APT 2E, Chicago, IL, 60625 generates $1,942/mo in rent and, after a $1,322/mo payment, leaves $69/mo in cash flow. Total monthly income is $1,942/mo, and annual cash flow is $825/yr on $89,505 invested. Return on cash invested sits at 20.83% in year one, and rental yield is 8.63% on a $270,000 entry. Equity gained on principal adds $1,742/yr, while 5% annual appreciation builds toward $74,596 over five years. Five-year ROI reaches 108.76% and total cumulative return in cash sums $97,345. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,942/mo property income rather than buyer’s personal income.
Condo
Built in 1979
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60625, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 33,400 (100%) |
| Owner Occupied HU | 11,970 (35.8%) |
| Renter Occupied HU | 18,994 (56.9%) |
| Vacant Housing Units | 2,436 ( 7.3%) |
| Median Home Value | $455,779 |
| Average Home Value | $526,175 |
Housing Distribution
Address Breakdown
Residential
29,798
Single Family
9,396
Multi-Family
20,402
Businesses
1,613
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