33 E Cedar St APT 8GChicagoIL60611
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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 33 E Cedar St APT 8G, Chicago, IL, 60611 with 5% annual appreciation on a $195,000 basis while $1,477/mo rent supports operations. Total monthly income totals $1,477/mo and a $954/mo payment preserves $125/mo for cash returns. Annual cash flow comes to $1,498/yr on $64,643 deployed, and return on cash invested reaches 22.23% in year one. Equity gained on principal adds $1,258/yr, and five-year appreciation sums $53,875 alongside rental yield of 9.09%. Five-year ROI measures 116.26% and total cumulative return in cash totals $75,154.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,477/mo property income versus a $954/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1960
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60611, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 30,898 (100%) |
| Owner Occupied HU | 10,875 (35.2%) |
| Renter Occupied HU | 14,462 (46.8%) |
| Vacant Housing Units | 5,561 (18.0%) |
| Median Home Value | $653,416 |
| Average Home Value | $849,379 |
Housing Distribution
Address Breakdown
Residential
28,622
Single Family
473
Multi-Family
28,149
Businesses
2,018
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