4600 N Cumberland Ave UNIT 311ChicagoIL60656
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 4600 N Cumberland Ave UNIT 311, Chicago, IL, 60656 in Chicago deserves attention. This $114,400 property earns $1,949/mo in rent, a 20.44% gross yield, and nets $829/mo after the $514/mo payment. DSCR 3.79 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $31,607 compounds alongside $1,054/yr in yearly equity build, for a total cumulative return of $99,330.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 20.4% | 6.1% |
| Monthly Cash Flow | $829 | $850 |
City averages based on Chicago market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,949 |
| Total Monthly Debt Service | $1,062 |
| DSCR Ratio | 1.84x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1973
N/A lot
$N/A/sqft
$314 monthly HOA
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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
Condo
Built in 1973
N/A lot
$N/A/sqft
$314 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices