3838 W 111th St APT 309ChicagoIL60655
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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 3838 W 111th St APT 309, Chicago, IL, 60655 earns $104/mo cash flow from $988/mo rent with a $624/mo payment. Total monthly income totals $988/mo, and annual cash flow totals $1,244/yr on $42,266 capital. ROI tracks 22.85% on current figures, and rental yield reads 9.3% at a $127,500 purchase. Equity gained on principal adds $823/yr, and 5% annual appreciation supports $35,226 over five years. Five-year ROI reaches 119.64% and total cumulative return in cash sums $50,566. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $988/mo property income instead of your personal income.
Condo
Built in 1971
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60655, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,531 (100%) |
| Owner Occupied HU | 8,757 (83.2%) |
| Renter Occupied HU | 1,155 (11.0%) |
| Vacant Housing Units | 619 ( 5.9%) |
| Median Home Value | $334,131 |
| Average Home Value | $360,975 |
Housing Distribution
Address Breakdown
Residential
10,767
Single Family
9,596
Multi-Family
1,171
Businesses
381
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