2956 N Clark St #2ChicagoIL60657
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 2956 N Clark St #2, Chicago, IL, 60657 earns $287/mo cash flow from $2,888/mo rent with a $1,835/mo payment. Total monthly income totals $2,888/mo, and annual cash flow totals $3,448/yr on $124,313 capital. ROI tracks 22.68% on current figures, and rental yield reads 9.24% at a $375,000 purchase. Equity gained on principal adds $2,420/yr, and 5% annual appreciation supports $103,606 over five years. Five-year ROI reaches 118.72% and total cumulative return in cash sums $147,579. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,888/mo property income instead of your personal income.
Condo
Built in 1901
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60657, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 45,834 (100%) |
| Owner Occupied HU | 15,811 (34.5%) |
| Renter Occupied HU | 26,750 (58.4%) |
| Vacant Housing Units | 3,273 ( 7.1%) |
| Median Home Value | $548,884 |
| Average Home Value | $687,417 |
Housing Distribution
Address Breakdown
Residential
41,857
Single Family
7,557
Multi-Family
34,300
Businesses
2,016
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices