4131 W Belmont Ave UNIT 418ChicagoIL60641
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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
Rental property for sale in Chicago at 4131 W Belmont Ave UNIT 418, Chicago, IL, 60641 generates $2,002/mo in rent and, after a $1,174/mo payment, leaves $338/mo in cash flow. Total monthly income is $2,002/mo, and annual cash flow is $4,058/yr on $79,527 invested. Return on cash invested sits at 25.01% in year one, and rental yield is 10.01% on a $239,900 entry. Equity gained on principal adds $1,548/yr, while 5% annual appreciation builds toward $66,280 over five years. Five-year ROI reaches 131.24% and total cumulative return in cash sums $104,371. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,002/mo property income rather than buyer’s personal income.
Condo
Built in 2006
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60641, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,632 (100%) |
| Owner Occupied HU | 12,306 (44.5%) |
| Renter Occupied HU | 13,179 (47.7%) |
| Vacant Housing Units | 2,147 ( 7.8%) |
| Median Home Value | $381,958 |
| Average Home Value | $426,841 |
Housing Distribution
Address Breakdown
Residential
23,193
Single Family
14,293
Multi-Family
8,900
Businesses
1,540
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