4350 W Belmont AveChicagoIL60641
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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 4350 W Belmont Ave, Chicago, IL, 60641 earns from $5,040/mo rent with a $5,849/mo payment. Total monthly income totals $5,040/mo. ROI tracks 10.3% on current figures, and rental yield reads 5.06% at a $1,195,000 purchase. Equity gained on principal adds $7,711/yr, and 5% annual appreciation supports $330,156 over five years. Five-year ROI reaches 52.23% and total cumulative return in cash sums $202,226. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,040/mo property income instead of your personal income.
Multi Family
Built in N/A
3,920 sqft 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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