3756 N Bernard St APT 3AChicagoIL60618
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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 3756 N Bernard St APT 3A, Chicago, IL, 60618 uses $54,698 cash to close to unlock $2,005/yr annual cash flow and $167/mo monthly cash flow. Total monthly income runs $1,312/mo, and a $808/mo payment keeps the spread at $167/mo. Purchase price stands at $165,000, and rental yield measures 9.54% with $1,312/mo rent. Return on cash invested shows 23.58% in year one, and 5% annual appreciation builds toward $45,586 over five years. Five-year ROI reaches 123.58% and total cumulative return in cash records $67,595. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,312/mo property income covering a $808/mo payment rather than investor’s personal income.
Condo
Built in 1928
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60618, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 40,449 (100%) |
| Owner Occupied HU | 17,253 (42.7%) |
| Renter Occupied HU | 19,862 (49.1%) |
| Vacant Housing Units | 3,334 ( 8.2%) |
| Median Home Value | $543,001 |
| Average Home Value | $610,118 |
Housing Distribution
Address Breakdown
Residential
33,669
Single Family
18,656
Multi-Family
15,013
Businesses
2,411
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