3641 N Ashland Ave APT 4NChicagoIL60613
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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 3641 N Ashland Ave APT 4N, Chicago, IL, 60613 listed at $578,000 pairs $5,562/mo rent with a $2,829/mo payment to leave $1,303/mo cash flow. Total monthly income runs $5,562/mo, and annual cash flow reaches $15,635/yr on $190,162 cash to close. Return on cash invested measures 28.28% in year one, and rental yield registers 11.55% at a $578,000 basis. Equity gained on principal adds $3,730/yr, and annual property appreciation at 5% supports $159,691 by year five. Five-year ROI tracks 149.27% and total cumulative return in cash totals $283,853. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,562/mo property income relative to a $2,829/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2006
N/A lot
$N/A/sqft
$250 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60613, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 30,966 (100%) |
| Owner Occupied HU | 10,909 (35.2%) |
| Renter Occupied HU | 17,609 (56.9%) |
| Vacant Housing Units | 2,448 ( 7.9%) |
| Median Home Value | $439,006 |
| Average Home Value | $567,627 |
Housing Distribution
Address Breakdown
Residential
30,817
Single Family
3,868
Multi-Family
26,949
Businesses
1,388
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