333 N Canal St APT 2205ChicagoIL60606
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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 2205, Chicago, IL, 60606 listed at $1,416,000 pairs $6,498/mo rent with a $6,931/mo payment. Total monthly income runs $6,498/mo. Return on cash invested measures 4.41% in year one, and rental yield registers 5.51% at a $1,416,000 basis. Equity gained on principal adds $9,137/yr, and annual property appreciation at 5% supports $391,215 by year five. Five-year ROI tracks 23.26% and total cumulative return in cash totals $106,707. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,498/mo property income relative to a $6,931/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1998
0.49 Acres lot
$N/A/sqft
$2,778 monthly 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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