4709 N Rockwell St #3ChicagoIL60625
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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 4709 N Rockwell St #3, Chicago, IL, 60625 uses $213,521 cash to close to unlock $3,467/yr annual cash flow and $289/mo monthly cash flow. Total monthly income runs $5,022/mo, and a $3,177/mo payment keeps the spread at $289/mo. Purchase price stands at $649,000, and rental yield measures 9.29% with $5,022/mo rent. Return on cash invested shows 21.68% in year one, and 5% annual appreciation builds toward $179,307 over five years. Five-year ROI reaches 113.78% and total cumulative return in cash records $242,952. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,022/mo property income covering a $3,177/mo payment rather than investor’s personal income.
Condo
Built in 2000
3,750 sqft lot
$N/A/sqft
$231 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60625, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 33,400 (100%) |
| Owner Occupied HU | 11,970 (35.8%) |
| Renter Occupied HU | 18,994 (56.9%) |
| Vacant Housing Units | 2,436 ( 7.3%) |
| Median Home Value | $455,779 |
| Average Home Value | $526,175 |
Housing Distribution
Address Breakdown
Residential
29,798
Single Family
9,396
Multi-Family
20,402
Businesses
1,613
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Listed by: Iryna Dzhudzhuk • Core Realty & Investments Inc.
Mls Name: MRED as distributed by MLS GRID
Mls Provider:
Mls ID: #12184506
Disclaimer: Based on information submitted to the MLS GRID as of 2024-02-07 09:06:36 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/info/mls-disclaimers/#mls_17)