500 W Barry Ave APT 2EChicagoIL60657
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 W Barry Ave APT 2E, Chicago, IL, 60657 offers a 5.41% rental yield on a $1,070,200 purchase with $4,824/mo rent. 81% in year one. Equity gained on principal adds $6,906/yr while 5% annual appreciation supports $295,677 over five years. Portfolio math shows five-year ROI at 40.18% and total cumulative return in cash at $139,307. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,824/mo property income against a $5,238/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1926
0.29 Acres lot
$N/A/sqft
$1,029 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60657, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 45,834 (100%) |
| Owner Occupied HU | 15,811 (34.5%) |
| Renter Occupied HU | 26,750 (58.4%) |
| Vacant Housing Units | 3,273 ( 7.1%) |
| Median Home Value | $548,884 |
| Average Home Value | $687,417 |
Housing Distribution
Address Breakdown
Residential
41,857
Single Family
7,557
Multi-Family
34,300
Businesses
2,016
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices