2810 W Logan Blvd #3ChicagoIL60647
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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 2810 W Logan Blvd #3, Chicago, IL, 60647 listed at $416,900 pairs $3,324/mo rent with a $2,041/mo payment to leave $432/mo cash flow. Total monthly income runs $3,324/mo, and annual cash flow reaches $5,182/yr on $138,202 cash to close. Return on cash invested measures 23.66% in year one, and rental yield registers 9.57% at a $416,900 basis. Equity gained on principal adds $2,690/yr, and annual property appreciation at 5% supports $115,182 by year five. Five-year ROI tracks 123.92% and total cumulative return in cash totals $171,258. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,324/mo property income relative to a $2,041/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1916
6,550 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60647, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 40,715 (100%) |
| Owner Occupied HU | 14,112 (34.7%) |
| Renter Occupied HU | 23,027 (56.6%) |
| Vacant Housing Units | 3,576 ( 8.8%) |
| Median Home Value | $545,438 |
| Average Home Value | $636,453 |
Housing Distribution
Address Breakdown
Residential
35,146
Single Family
17,125
Multi-Family
18,021
Businesses
2,271
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