2830 N Mobile AveChicagoIL60634
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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 2830 N Mobile Ave, Chicago, IL, 60634 uses $95,555 cash to close to unlock $18,318/yr annual cash flow and $1,526/mo monthly cash flow. Total monthly income runs $3,526/mo, and a $1,411/mo payment keeps the spread at $1,526/mo. Purchase price stands at $288,250, and rental yield measures 14.68% with $3,526/mo rent. Return on cash invested shows 39.08% in year one, and 5% annual appreciation builds toward $79,638 over five years. Five-year ROI reaches 206.63% and total cumulative return in cash records $197,443. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,526/mo property income covering a $1,411/mo payment rather than investor’s personal income.
Single Family
Built in 1924
3,125 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60634, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,801 (100%) |
| Owner Occupied HU | 18,998 (68.3%) |
| Renter Occupied HU | 7,274 (26.2%) |
| Vacant Housing Units | 1,529 ( 5.5%) |
| Median Home Value | $343,536 |
| Average Home Value | $362,108 |
Housing Distribution
Address Breakdown
Residential
25,204
Single Family
19,890
Multi-Family
5,314
Businesses
1,372
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