333 N Canal St APT 1403ChicagoIL60606
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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 333 N Canal St APT 1403, Chicago, IL, 60606 offers a 10.57% rental yield on a $495,000 purchase with $4,361/mo rent. Total monthly income registers $4,361/mo, and a $2,423/mo payment leaves $927/mo available for distribution. Annual cash flow reaches $11,128/yr on $164,093 to close, and return on cash invested stands at 26.69% in year one. Equity gained on principal adds $3,194/yr while 5% annual appreciation supports $136,759 over five years. Portfolio math shows five-year ROI at 140.2% and total cumulative return in cash at $230,062. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,361/mo property income against a $2,423/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2002
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60606, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,467 (100%) |
| Owner Occupied HU | 520 (15.0%) |
| Renter Occupied HU | 2,457 (70.9%) |
| Vacant Housing Units | 490 (14.1%) |
| Median Home Value | $476,000 |
| Average Home Value | $643,087 |
Housing Distribution
Address Breakdown
Residential
2,742
Single Family
4
Multi-Family
2,738
Businesses
2,155
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