4144 N Sheridan Rd APT 407ChicagoIL60613
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 4144 N Sheridan Rd APT 407, Chicago, IL, 60613 listed at $259,900 pairs $2,054/mo rent with a $1,272/mo payment to leave $251/mo cash flow. Total monthly income runs $2,054/mo, and annual cash flow reaches $3,016/yr on $86,157 cash to close. Return on cash invested measures 23.41% in year one, and rental yield registers 9.48% at a $259,900 basis. Equity gained on principal adds $1,677/yr, and annual property appreciation at 5% supports $71,806 by year five. Five-year ROI tracks 122.62% and total cumulative return in cash totals $105,646. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,054/mo property income relative to a $1,272/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1915
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices