2863 W Belden AveChicagoIL60647
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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 2863 W Belden Ave, Chicago, IL, 60647 at $1,348,300 posts ROI 2.41% with from $2,813/mo rent. Total monthly income equals $2,813/mo. Return on cash invested measures 2.41% and rental yield reads 2.5% at the current $1,348,300. Equity gained on principal adds $8,700/yr, and 5% annual appreciation supports $372,510 by year five. Five-year ROI prints 9.9% and total cumulative return in cash totals $43,260. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,813/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 1887
3,049 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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