500 S Clinton St APT 214ChicagoIL60607
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 500 S Clinton St APT 214, Chicago, IL, 60607 listed at $218,100 pairs $2,843/mo rent with a $1,067/mo payment to leave $1,331/mo cash flow. Total monthly income runs $2,843/mo, and annual cash flow reaches $15,969/yr on $72,300 cash to close. Return on cash invested measures 42% in year one, and rental yield registers 15.64% at a $218,100 basis. Equity gained on principal adds $1,407/yr, and annual property appreciation at 5% supports $60,257 by year five. Five-year ROI tracks 222.26% and total cumulative return in cash totals $160,695. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,843/mo property income relative to a $1,067/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Apartment
Built in 2001
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices