4343 N Clarendon Ave APT 2505ChicagoIL60613
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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 4343 N Clarendon Ave APT 2505, Chicago, IL, 60613 uses $56,289 cash to close to unlock $13,585/yr annual cash flow and $1,132/mo monthly cash flow. Total monthly income runs $2,317/mo, and a $831/mo payment keeps the spread at $1,132/mo. Purchase price stands at $169,800, and rental yield measures 16.37% with $2,317/mo rent. Return on cash invested shows 44.04% in year one, and 5% annual appreciation builds toward $46,913 over five years. Five-year ROI reaches 233.39% and total cumulative return in cash records $131,370. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,317/mo property income covering a $831/mo payment rather than investor’s personal income.
Apartment
Built in N/A
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
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