300 N State St APT 4935ChicagoIL60654
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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 300 N State St APT 4935, Chicago, IL, 60654 offers a 10.75% rental yield on a $289,000 purchase with $2,589/mo rent. 33% in year one. Equity gained on principal adds $1,865/yr while 5% annual appreciation supports $79,845 over five years. Portfolio math shows five-year ROI at 93.56% and total cumulative return in cash at $89,630. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,589/mo property income against a $1,415/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1963
N/A lot
$N/A/sqft
$790 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60654, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,160 (100%) |
| Owner Occupied HU | 5,065 (29.5%) |
| Renter Occupied HU | 10,049 (58.6%) |
| Vacant Housing Units | 2,046 (11.9%) |
| Median Home Value | $491,734 |
| Average Home Value | $606,674 |
Housing Distribution
Address Breakdown
Residential
17,745
Single Family
951
Multi-Family
16,794
Businesses
1,931
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Listed by: Michael Michalak • RE/MAX 10 Lincoln Park
Mls Name: MRED as distributed by MLS GRID
Mls Provider:
Mls ID: #12261731
Disclaimer: Based on information submitted to the MLS GRID as of 2025. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/info/mls-disclaimers/#mls_17)