3708 N Southport Ave #3ChicagoIL60613
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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 3708 N Southport Ave #3, Chicago, IL, 60613 earns from $5,188/mo rent with a $4,110/mo payment. Total monthly income totals $5,188/mo. ROI tracks 17.3% on current figures, and rental yield reads 7.41% at a $839,800 purchase. Equity gained on principal adds $5,419/yr, and 5% annual appreciation supports $232,021 over five years. Five-year ROI reaches 89.79% and total cumulative return in cash sums $248,075. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,188/mo property income instead of your personal income.
Condo
Built in 2015
N/A lot
$N/A/sqft
No 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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