420 S Clinton St APT 408AChicagoIL60607
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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 420 S Clinton St APT 408A, Chicago, IL, 60607 earns from $2,051/mo rent with a $1,463/mo payment. Total monthly income totals $2,051/mo. ROI tracks 19.64% on current figures, and rental yield reads 8.23% at a $299,000 purchase. Equity gained on principal adds $1,929/yr, and 5% annual appreciation supports $82,608 over five years. Five-year ROI reaches 102.38% and total cumulative return in cash sums $101,482. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,051/mo property income instead of your personal income.
Condo
Built in 2000
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60607, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,465 (100%) |
| Owner Occupied HU | 6,294 (28.0%) |
| Renter Occupied HU | 12,988 (57.8%) |
| Vacant Housing Units | 3,183 (14.2%) |
| Median Home Value | $500,000 |
| Average Home Value | $597,212 |
Housing Distribution
Address Breakdown
Residential
19,737
Single Family
2,220
Multi-Family
17,517
Businesses
1,968
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