330 N Jefferson St APT 602ChicagoIL60661
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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
Rental property for sale in Chicago at 330 N Jefferson St APT 602, Chicago, IL, 60661 generates $2,210/mo in rent and, after a $1,542/mo payment, leaves $25/mo in cash flow. Total monthly income is $2,210/mo, and annual cash flow is $298/yr on $104,423 invested. Return on cash invested sits at 20.19% in year one, and rental yield is 8.42% on a $315,000 entry. Equity gained on principal adds $2,033/yr, while 5% annual appreciation builds toward $87,029 over five years. Five-year ROI reaches 105.34% and total cumulative return in cash sums $109,997. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,210/mo property income rather than buyer’s personal income.
Condo
Built in 2001
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60661, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,016 (100%) |
| Owner Occupied HU | 2,442 (24.4%) |
| Renter Occupied HU | 6,535 (65.2%) |
| Vacant Housing Units | 1,039 (10.4%) |
| Median Home Value | $425,872 |
| Average Home Value | $488,274 |
Housing Distribution
Address Breakdown
Residential
9,230
Single Family
9
Multi-Family
9,221
Businesses
758
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