363 E Wacker Dr #1402ChicagoIL60601
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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 363 E Wacker Dr #1402, Chicago, IL, 60601 earns from $6,267/mo rent with a $9,295/mo payment. Total monthly income totals $6,267/mo. ROI tracks 6.9% on current figures, and rental yield reads 3.96% at a $1,899,000 purchase. Equity gained on principal adds $12,254/yr, and 5% annual appreciation supports $524,659 over five years. Five-year ROI reaches 33.99% and total cumulative return in cash sums $209,161. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,267/mo property income instead of your personal income.
Condo
Built in 2020
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60601, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,493 (100%) |
| Owner Occupied HU | 3,495 (28.0%) |
| Renter Occupied HU | 7,417 (59.4%) |
| Vacant Housing Units | 1,581 (12.7%) |
| Median Home Value | $592,502 |
| Average Home Value | $711,371 |
Housing Distribution
Address Breakdown
Residential
12,957
Single Family
49
Multi-Family
12,908
Businesses
1,752
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